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Economist calls for series of OCR cuts to combat recession

Author
Newstalk ZB,
Publish Date
Wed, 20 Aug 2025, 7:51am
Photo / 123RF
Photo / 123RF

Economist calls for series of OCR cuts to combat recession

Author
Newstalk ZB,
Publish Date
Wed, 20 Aug 2025, 7:51am

A senior economist says he'd like to see a series of OCR cuts. 

The Reserve Bank will announce its decision at 2pm today.  

Kiwibank Chief Economist Jarrod Kerr is expecting to see a 25 basis point cut.  

He told Mike Hosking after a cut today, he'd like to see two more to get the OCR to 2.5%.  

Kerr says that sort of stimulation is what we need to pull us out of recession. 

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