Two weeks ago, the Reserve Bank lowered the OCR by 0.25%, bringing it down from 5.5% to 5.25% - phew! Although this change doesn’t seem like a lot, many of…

Official cash rate, dovish, rate cuts, inflation. Cut to the chase please – what does this mean for me and my family? The Reserve Bank recently reviewed New Zealand’s official cash rate and decided to hold it steady at 5.5% with hints towards small rate cuts being expected as soon as the end of this year meaning we’ll start to see interest rates (thankfully) decreasing.