
OCR cuts a bright spot but economic outlook mixed for the rest of the year
From The Front Page
Published 10/10/2024

From The Front Page
Published 10/10/2024
The Official Cash Rate’s been cut to 4.75 percent – which is being touted as welcome news for households all over New Zealand. It’s the lowest the OCR has been in 18 months. The Monetary Policy Committee said that annual consumer price inflation was within its 1 to 3% inflation target range and…