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OCR update: Is another rate cut on the cards?

Author
Newstalk ZB,
Publish Date
Tue, 27 May 2025, 8:02pm
Photo / Mark Mitchell
Photo / Mark Mitchell

OCR update: Is another rate cut on the cards?

Author
Newstalk ZB,
Publish Date
Tue, 27 May 2025, 8:02pm

All eyes will be on the Reserve Bank tomorrow afternoon, when stand-in Reserve Bank Governor Christian Hawkesby delivers the bank's latest monetary policy statement.

A 25 basis point cut to the OCR to 3.25 percent is taken as a given - but experts are wondering what the future path of interest rates will look like.

HSBC chief economist Paul Bloxham explained further.

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