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11 Jul 2025 15:40
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  •   Home > News > Business

    The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected

    The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected


    Members of the Monetary Policy Committee are divided on how long the economy will remain sluggish, and inflation stay higher.

    But they're unanimous in holding the OCR unchanged today.

    They've agreed they can wait until next month's review, to see how things track, particularly with global tariffs.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     10 Jul: Rents in the Capital are at their lowest since 2022
     10 Jul: Donald Trump reveals 50pc tariff for Brazil among levies to be imposed on imports from August 1
     Top Stories

    RUGBY RUGBY
    Patrick Tuipulotu can't wait to lock down alongside Fabian Holland in the All Blacks scrum, in tomorrow's second test against France in Wellington More...


    BUSINESS BUSINESS
    People hoping to get their hands on cheaper butter, via fundraisers, may have to wait a little longer More...



     Today's News

    Entertainment:
    Pamela Anderson thinks she has made a "friend forever" in Liam Neeson 15:30

    Law and Order:
    Police are still searching for the parents of a baby found dead in an Auckland recycling plant four years ago, despite releasing her body 15:27

    Entertainment:
    Whoopi Goldberg has overcome her fear of flying 15:00

    Rugby League:
    Iconic New Zealand rugby league player Kieran Foran's reportedly calling time on his decorated 17-year pro career 14:57

    Rugby:
    Patrick Tuipulotu can't wait to lock down alongside Fabian Holland in the All Blacks scrum, in tomorrow's second test against France in Wellington 14:47

    International:
    Plot to kidnap London restaurant owner raises alarm about growing Russian sabotage 14:17

    Law and Order:
    A mentally ill Auckland man who reported seeing visions of the devil before he fatally stabbed a stranger, will be held indefinitely at a lockdown psychiatric facility 14:07

    Soccer:
    The Wellington Phoenix women have parted ways with their foundation fullback 13:47

    Netball:
    The Silver Ferns physio is backing the ANZ Premiership umpires in their policing of dangerous contact 13:27

    Law and Order:
    Two people have pleaded not guilty to the manslaughter of a six year old child, in Wellington, in 2023 13:07


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