Reserve bank cuts OCR by 50 basis points

08/10/2025 9 min
Reserve bank cuts OCR by 50 basis points

Listen "Reserve bank cuts OCR by 50 basis points"

Episode Synopsis


The Reserve Bank has cut wholesale interest rates by 50 basis points to 2.5%. It has also left the door open to a further cut in November. It considered a less aggressive move..but noted stronger inflation pressure and ultimately decided a smaller cut would further hold the economy back. Head of fixed income at Harbour Asset Management Mark Brown spoke to Lisa Owen.