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Latest news

Shadow Board recommends an OCR cut of 25 basis points in April

April 07, 2025

Shadow Board sees no change in the OCR in May is warranted

May 20, 2024

Shadow Board overwhelmingly in favour of keeping the OCR on hold in April

April 08, 2024

Read more from NZIER

Shadow Board recommends the Reserve Bank should keep the OCR on hold in February

February 26, 2024

Shadow Board recommends no change to the OCR in November

November 27, 2023

Shadow Board recommends the Reserve Bank hold the OCR at 5.50 percent in October

October 02, 2023

Shadow Board recommends no change to the OCR in July

July 10, 2023

Shadow Board recommends a smaller OCR increase of 25 basis points by the Reserve Bank in April

April 03, 2023

Shadow Board recommends the Reserve Bank increases the OCR by 50 basis points in February

February 20, 2023

Shadow Board recommends another large OCR hike in November to reduce domestic inflation pressures

November 21, 2022

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