ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Economist says Reserve Bank 'wary' of inflation following OCR pause

Author
Newstalk ZB,
Publish Date
Wed, 9 Jul 2025, 6:04pm
Photo / File
Photo / File

Economist says Reserve Bank 'wary' of inflation following OCR pause

Author
Newstalk ZB,
Publish Date
Wed, 9 Jul 2025, 6:04pm

Another cut to the Official Cash Rate still looks more likely than not, according to one expert.

The Reserve Bank's kept the OCR unchanged at 3.25 percent today, following six consecutive cuts.

It's waiting for more economic data, before further moves.

But Infometrics principal economist, Brad Olsen, says the bank's explicitly signalling the chance of more cuts.

"If things continue to evolve as they broadly expect, that will give them more scope to continue to cut the Official Cash Rate - maybe one or two cuts by the end of this year."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you