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12 Feb 2025 8:08
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  •   Home > News > Business

    New Zealand's central bank has shocked nobody by holding the official cash rate at 5.5 per cent

    New Zealand's central bank has shocked nobody by holding the official cash rate at 5.5 per cent


    But, it's showed hawkish tones, projecting another hike early next year.

    The Reserve Bank has left the OCR untouched since May as it waits and watches inflation slow from generational highs.

    Consumers price index inflation peaked at 7.3 per cent in June, and was last measured at 5.6 per cent in the year to September.

    © 2025 Newstalk ZB, NZCity

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    Warren Gatland's second reign as Wales rugby coach is over after a record run of 14 straight defeats, culminating in an away loss to Italy on the weekend More...


    BUSINESS BUSINESS
    A look into what may be in store for New Zealand's economy this year More...



     Today's News

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    Environment:
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    Business:
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    International:
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    Law and Order:
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