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1 Nov 2024 14:22
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      Home > News > Business

    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US

    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US


    Some economists suggest the OCR could be cut 50 basis points in Wednesday's Reserve Bank decision.

    Associate Finance Minister David Seymour says we've had little choice other than following the lead of the American Federal Reserve.

    He says if we don't match interest rates our dollar will collapse.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     01 Nov: Mining must become more responsible and sustainable. Where hi-tech solutions fit in
     01 Nov: The cruise industry's hopeful a new economic report will bring the need for regulatory change to the forefront
     01 Nov: Progress may be on the way for a long vacant plot of central Wellington land
     01 Nov: Consumers are getting better at keeping up with their payments
     01 Nov: Fresh vegetable prices could go through the roof - if changes to freshwater management go ahead
     31 Oct: Optimism's rising among businesses - largely driven by construction
     31 Oct: Diamonds netball coach Stacey Marinkovich believes the player pipeline to her world champion side is being held up by the influx of internationals playing Super Netball in Australia
     Top Stories

    RUGBY RUGBY
    Beauden Barrett will have the keys to the All Blacks' attack at Twickenham, after being confirmed to start at 10 against England on Sunday morning More...

    BUSINESS BUSINESS
    Mining must become more responsible and sustainable. Where hi-tech solutions fit in More...


     Today's News

    		 Entertainment:
    J Balvin will remember Liam Payne as "a great friend" 14:19

     Politics:
    Death toll from Spanish flooding disaster jumps to 158 as further weather warnings are issued 14:17

     National:
    NZ must step up to protect its own oceans to match international commitments made at Commonwealth leaders’ meeting 14:17

     Politics:
    Bank of China set to open first branch in PNG and gain Pacific foothold 14:17

     Rugby:
    Beauden Barrett will have the keys to the All Blacks' attack at Twickenham, after being confirmed to start at 10 against England on Sunday morning 14:07

     Entertainment:
    Selena Gomez has likened her 'Wizards of Waverly Place' return to a homecoming 13:49

     International:
    Every vote for Harris and Trump is not created equal 13:47

     Politics:
    An exclusive private school in Auckland is warning data may have been breached in a cyber attack 13:47

     Health & Safety:
    The Ministry of Health has warned the Auditor-General that emergency preparedness is at risk 13:27

     Entertainment:
    Michael Keaton has paid a glowing tribute to his former co-star Teri Garr 13:19

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