{"id":153873,"date":"2025-11-26T01:37:07","date_gmt":"2025-11-26T01:37:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/153873\/"},"modified":"2025-11-26T01:37:07","modified_gmt":"2025-11-26T01:37:07","slug":"official-cash-rate-cut-to-2-25-percent","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/153873\/","title":{"rendered":"Official cash rate cut to 2.25 percent"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/11\/4L9MPO7_Christian_Hawkesby_RBNZ_png\" width=\"1050\" height=\"563\" alt=\"Christian Hawkesby, deputy governor of Reserve Bank\"\/><\/p>\n<p class=\"photo-captioned__information\">\nPhoto: Supplied \/ Reserve Bank\n<\/p>\n<p>The Reserve Bank has cut the official cash rate to its lowest level in three years to support economic recovery.<\/p>\n<p>The central bank dropped the rate by 25 basis points to 2.25 percent, the lowest since June 2022.<\/p>\n<p>The bank&#8217;s rate setting committee says the economic recovery is patchy and slow but inflation is expected to ease next year, allowing another reduction.<\/p>\n<p>The cut was <a href=\"https:\/\/www.rnz.co.nz\/news\/business\/579987\/reserve-bank-set-to-deliver-further-cut-to-official-cash-rate\" rel=\"nofollow noopener\" target=\"_blank\">expected and brings the OCR to a three-year low<\/a>.<\/p>\n<p>Attention will be on the central bank&#8217;s commentary and forecasts and how wide it leaves the door open for a further rate cut next year if needed.<\/p>\n<p>Partial indicators over the past two months have pointed to the economy turning the corner after it effectively stalled in the first half of the year.<\/p>\n<p><a href=\"https:\/\/radionz.us6.list-manage.com\/subscribe?u=211a938dcf3e634ba2427dde9&amp;id=b3d362e693\" rel=\"nofollow noopener\" target=\"_blank\">Sign up for Ng\u0101 Pitopito K\u014drero<\/a>, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.<\/p>\n","protected":false},"excerpt":{"rendered":"Photo: Supplied \/ Reserve Bank The Reserve Bank has cut the official cash rate to its lowest level&hellip;\n","protected":false},"author":2,"featured_media":153874,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[48,47,42,43,49,46,44,45,40,38,41,39],"class_list":["post-153873","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-audio","tag-current-affairs","tag-headlines","tag-news","tag-podcasts","tag-public-radio","tag-radio-new-zealand","tag-rnz","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/153873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=153873"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/153873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/153874"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=153873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=153873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=153873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}