Another cut to the Official Cash Rate is expected today but it could be the last for a long time. 

The Reserve Bank's reviewing the OCR at 2pm. 

Most economists expect the cash rate to be cut 25-basis-points to 2.5%. 

ASB Chief Economist Nick Tuffley told Ryan Bridge they expect the Reserve Bank to keep the door wide open to taking further action next year if needed.  

He says it will be wanting to use the three-month closedown period to really gauge whether it’s needed.  

LISTEN ABOVE 

Another cut to the Official Cash Rate is expected today but it could be the last for a long time.&nbsp;
The Reserve Bank's reviewing the OCR at 2pm.&nbsp;
Most economists expect the cash rate to be cut 25-basis-points to 2.5%.&nbsp;
ASB Chief Economist Nick Tuffley told Ryan Bridge they expect the Reserve Bank to keep the door wide open to taking further action next year if needed. &nbsp;
He says it will be wanting to use the three-month closedown period to really gauge whether it’s needed. &nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Nick Tuffley: ASB Chief Economist ahead of the final Official Cash Rate announcement of 2025

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/20264637-d9e6-4001-891e-b3a00166d730/transcript