Reserve Bank of New Zealand Cuts OCR by 50 Basis Points to 2.50%

The Reserve Bank of New Zealand reduced its Official Cash Rate by 50 basis points to 2.50% at its October 2025 monetary policy meeting, in response to weakening economic growth. The RBNZ also signalled that further rate reductions remained possible.

FURTHER CUTS SIGNALLED

The RBNZ signalled at the October meeting that additional rate reductions remained on the table.