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Economics
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Would it be a mistake to pause the OCR next week?

More economists expect the central bank to hold the official cash rate at 3.25% amid geopolitical and trade uncertainty.

Rsserve Bank Governor Christian Hawkesby.

Economists are predicting the Reserve Bank to pause next week and keep the official cash rate at 3.25%. But is that the best option?

Monetary policy has long lags and the situation on the ground right now still appears to be tough, with businesses struggling amid higher costs and weaker demand,

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Jonathan Mitchell Fri, 04 Jul 2025
Contact the Writer: jmitchell@nbr.co.nz
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Would it be a mistake to pause the OCR next week?
Economics,
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