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'Always reassessing': Christian Hawkesby cautiously optimistic following latest OCR cut

Author
Newstalk ZB,
Publish Date
Wed, 20 Aug 2025, 5:44pm
Acting Reserve Bank Governor Christian Hawkesby. Photo / Mark Mitchell
Acting Reserve Bank Governor Christian Hawkesby. Photo / Mark Mitchell

'Always reassessing': Christian Hawkesby cautiously optimistic following latest OCR cut

Author
Newstalk ZB,
Publish Date
Wed, 20 Aug 2025, 5:44pm

There's cautious optimism from the Reserve Bank Governor after cutting the OCR by 25 basis points this afternoon.

Christian Hawkesby says the economy's been a bit stagnant, but there's reason to be positive.

"We've lowered interest rates a long way now, we've sent out a pretty strong signal that we're willing to lower them further, as required, we've got other drivers of the economy - like high commodity prices."

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