Reserve Bank cuts OCR to 3.5%

10th April 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

The Reserve Bank of New Zealand has cut the Official Cash Rate by 25 basis points to 3.5%.

The bank’s Monetary Policy Committee said on Wednesday that the annual consumer price inflation remained near the mid-point of its 1% to 3% band.

The next decision will be 28 May 2025.