An economics expert says cutting the Official Cash Rate is unwarranted.

The Reserve Bank is set to release its first 2025 OCR decision on Wednesday.

Many economists are predicting a 50 basis point cut - from 4.25 percent to 3.75.

Auckland University economics professor Robert MacCulloch says the bank's only meant to focus on inflation, which is already on target.

"They're not looking at the inflation rate - it's exactly at 2 percent. But they're panicking about the state of the economy, that's the truth. I think that's what's going on."

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

An economics expert says cutting the Official Cash Rate is unwarranted.
The Reserve Bank is set to release its first 2025 OCR decision on Wednesday.
Many economists are predicting a 50 basis point cut - from 4.25 percent to 3.75.
Auckland University economics professor Robert MacCulloch says the bank's only meant to focus on inflation, which is already on target.
"They're not looking at the inflation rate - it's exactly at 2 percent. But they're panicking about the state of the economy, that's the truth. I think that's what's going on."
LISTEN ABOVE
The podcasts in the&nbsp;SME&nbsp;Stream contain&nbsp;general information only, not financial&nbsp;or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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