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18 Apr 2025 14:24
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  •   Home > News > Business

    Uncertainty about what's next, after today's OCR cut

    Uncertainty about what's next, after today's OCR cut

    9 April 2025
    The Reserve Bank has slashed the Official Cash Rate 25 basis points to 3.5 percent, with most banks responding by cutting their advertised rates.

    Economists are divided on how far rates will fall.

    Westpac Chief Economist Kelly Eckhold says the global trading environment is changing by the day.

    He says there's no clarity on how far US tariffs will extend, how countries will respond, and how it'll affect New Zealand.

    © 2025 Newstalk ZB, NZCity


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