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3 Jul 2025 11:16
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     03 Jul: Housing prices are up for the first time in three months, but turnaround hopes may be premature
     03 Jul: The rule of law is key to capitalism - eroding it is bad news for American business
     03 Jul: Confidence levels in Canterbury business have flat lined but experts remain cautiously optimistic
     03 Jul: A clear message from the Government -- New Zealand can't succeed, if Auckland doesn't succeed
     03 Jul: Bosses at some state-owned enterprises are continuing to be rewarded pay increases, while their companies' profitability tanks
     02 Jul: Prices for top-end butter are through the roof, with little recourse for shoppers
     02 Jul: Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores
     Top Stories

    RUGBY RUGBY
    David Havili's dusting himself off from the disappointment of missing the All Blacks first squad of the year for a rare second crack at the British and Irish Lions More...

    BUSINESS BUSINESS
    Housing prices are up for the first time in three months, but turnaround hopes may be premature More...


     Today's News

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