Majority of Shadow Board members recommend a 25 basis-point OCR cut in August
August 18, 2025
Regarding what the Reserve Bank of New Zealand (RBNZ) should do at the upcoming August Monetary Policy Statement, the NZIER Monetary Policy Shadow Board’s view ranged from a 50 basis-point OCR cut to no change. However, the majority recommended a 25 basis-point cut to bring the OCR to … Read more
Shadow Board recommends the Reserve Bank pause OCR cut in July
July 7, 2025
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 7 July 2025 For immediate release Read more
Shadow Board recommends the Reserve Bank cut the OCR by 25 basis points in May
May 26, 2025
The NZIER Monetary Policy Shadow Board recommends that the Reserve Bank of New Zealand (RBNZ) should cut the OCR in the upcoming May Monetary Policy Statement, with almost half of the Shadow Board members recommending a 25 basis-point OCR cut. One member recommended a 50 basis-point c … Read more
Shadow Board recommends an OCR cut of 25 basis points in April
April 7, 2025
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 7 April 2025 Read more
Shadow Board recommends a 50 basis-point OCR cut in February
February 17, 2025
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 17 February 2025 Read more
Shadow Board is in favour of lowering the OCR by 50 basis points in November
November 25, 2024
The NZIER Monetary Policy Shadow Board recommends that the Reserve Bank of New Zealand (RBNZ) ease the Official Cash Rate (OCR) by 50 basis points to 4.25 percent in the upcoming November Monetary Policy Statement. With annual inflation now back to within the RBNZ’s 1 to 3 percent inf … Read more
Shadow Board is divided over a 25 or 50 basis-point cut in the OCR in October
October 7, 2024
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 7 October 2024 Read more
Shadow Board is divided over whether the Reserve Bank should ease the OCR in August
August 12, 2024
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 12 August 2024 Read more
NZIER Shadow Board recommends the Reserve Bank keep the OCR at 5.50 percent in July
July 8, 2024
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 8 July 2024 Read more
Shadow Board sees no change in the OCR in May is warranted
May 20, 2024
New Zealand Institute of Economic Research (Inc) Media Release, 10 am Monday, 20 May 2024 For immediate release Read more