News | Business
14 Jan 2025 18:30
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Scheduled OCR decisions are taking a break over summer, but the Reserve Bank is keeping busy

    Scheduled OCR decisions are taking a break over summer, but the Reserve Bank is keeping busy


    The central bank has slashed the cash rate from 5.5 to 4.25 between August and November, after three years of sharp hikes.

    It's paused further reviews for three months over summer.

    But Governor Adrian Orr says they still have plenty to do, and summer is actually one of their busiest times of year.

    He says the Reserve Bank is continuing to deliver money-in-cash, keep the financial system efficient and stable, and operate the payment and settlement systems.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     14 Jan: Kumbh Mela is the biggest gathering of humanity. Here's how India does it
     14 Jan: Businesses are feeling fairly upbeat about the year to come - despite weak demand
     14 Jan: Confirmation of the difficult time facing retailers
     14 Jan: An uptick in jobs numbers, after months of declines
     14 Jan: Some signs of a turn-around, in at least parts of the economy
     14 Jan: Kiwis have been tightening their belts over the past year
     14 Jan: The economy may be starting to turn a corner, but it could be a slow turn
     Top Stories

    RUGBY RUGBY
    Former Scotland rugby captain Peter Brown has died aged 83 More...

    BUSINESS BUSINESS
    Kumbh Mela is the biggest gathering of humanity. Here's how India does it More...


     Today's News

    		 Law and Order:
    A man who escaped police custody in Taupo has been missing for 24 hours 18:07

     Tennis:
    Lulu Sun will need to come from a set down if she's to advance to the second round of the Australian tennis Open 18:07

     Entertainment:
    Jennifer Garner lost a friend in the LA wildfires 18:05

     Entertainment:
    Chelsea Handler would only do another talk show if it was a "perfect set of circumstances" 17:35

     Law and Order:
    Five thousand dollars in cash, three vehicles, and 100 ounces of cannabis have been uncovered at a Taranaki property 17:27

     Entertainment:
    Meghan, Duchess of Sussex and Prince Harry, Duke of Sussex helped to distribute food and supplies to California wildfires victims 17:05

     Law and Order:
    A man's been left with a minor stab wound to the hand, and a woman's been arrested - after an altercation in Auckland's Glenfield this afternoon 16:57

     Entertainment:
    Kate Beckinsale will be "haunted forever" by the death of her stepfather Roy Battersby 16:35

     Law and Order:
    Nelson Police have identified the man who was discovered dead in his Stoke home on Friday night 16:17

     Entertainment:
    Demi Moore says filming nude scenes in 'The Substance' was a "very vulnerable experience" 16:05

     News Search




    Power Search

    © 2025 New Zealand City Ltd