Reserve Bank cuts official cash rate by 50 basis points

Wednesday 8 October 2025 · 3 outlets · 4 reports · updated Wed 8 Oct 2025, 2:03pm

In this story Reserve Bank of New Zealand

The Reserve Bank has reduced the official cash rate from 3% to 2.5%. The decision follows a negative GDP growth result of -0.9% and comes amid discussions regarding inflation and economic growth. This announcement was made by the monetary policy committee on Wednesday.

How they headlined it

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1. StuffWed 8 Oct 2025, 4:00am

   OCR set for latest review, but what can we expect? (opens in new tab)

   • Live: Reserve Bank to announce latest review of OCR rate (opens in new tab) Wed 8 Oct 2025, 1:05pm
2. 1NewsWed 8 Oct 2025, 1:05pm

   OCR live updates: How low will the Reserve Bank go? (opens in new tab)

3. RNZWed 8 Oct 2025, 2:03pm

   Reserve Bank slashes Official Cash Rate by 50 basis points (opens in new tab)