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20 Dec 2025 10:52
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      Home > News > Business

    Higher-than-expected GDP growth isn't expected to translate to higher interest rates

    Higher-than-expected GDP growth isn't expected to translate to higher interest rates


    Latest data shows the economy grew 1.1 percent in the September quarter - well above what the central bank had been forecasting.

    That's expected to be followed by more strong growth in the current December quarter.

    ASB Chief Economist Nick Tuffley says the central bank isn't likely to raise the OCR any time soon, but last month's cut will probably be the last of the current cycle.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Entertainment:
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     Business:
    Optimism in the hospitality sector, despite consumer spending tracking below last year 10:46

     International:
    Epstein files partially released by US Department of Justice 10:36

     Business:
    Hasty adoption of AI could be costing businesses billions as shopping hits its peak 10:26

     Business:
    Relief from the Ukraine as it's set to receive a 183 billion New Zealand dollar loan from the European Union to help fund its defence in the war with Russia 10:26

     Entertainment:
    Sharon Osbourne has defended her daughter Kelly over her recent weight loss 10:20

     Law and Order:
    A judge has described the actions of a group of young men who posted "video montages" of assaults on gay men they had lured through Grindr as "a hate crime" 10:16

     International:
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     Law and Order:
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     Soccer:
    Auckland FC midfielder Lachie Brook has scored a screamer of a goal against his old A-League club...helping the Black Knights to a 2-nil win over the Wanderers in Sydney 9:56

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