RBNZ cuts cash rate 25bps to 3.50%

RBNZ cuts cash rate 25bps to 3.50%
RBNZ's Christian Hawkesby oversees a rate cut. (Image: NZME)
Rebecca Howard
The Reserve Bank of New Zealand cut the official cash rate by 25bps to 3.50% as expected and signalled emerging risks as the trade war unfolds."The recently announced increases in global trade barriers weaken the outlook for global economic activity. On balance, these developments create downside risks to the outlook for economic activity and inflation in New Zealand," it said in a brief statement. According to the record of meeting, recent global policy developments have shifted the balance of risk for New Zealand inflation lowe...

More Economy

Weak jobs data help clear path for August rate cut
Economy

Weak jobs data help clear path for August rate cut

Filled jobs edged higher but will likely be revised lower. 

OCR steals the show
Economy

Cameron Bagrie: OCR steals the show

The yield on a NZ 10-year bond is currently around 4.6%.

Cameron Bagrie 28 Jul 2025
Independent review warm on ACC investment arm but eyes risk
Economy

Independent review warm on ACC investment arm but eyes risk

A review of ACC’s investment arm issues warm findings but homes in on risk factors.

Staff reporters 25 Jul 2025
Tariff-led fall in NZ export demand less than in GFC: RBNZ
Economy

Tariff-led fall in NZ export demand less than in GFC: RBNZ

RBNZ's Paul Conway concluded that global supply chains were becoming less efficient.

Staff reporters 24 Jul 2025