The official cash rate has been cut by 50 basis points, bringing it down to 4.25 percent.

This marks the third consecutive cut to the OCR since August and brings it to the lowest level since November 2022.

With inflation also dropping last month to 2.2 percent, stats show an improving economy – but low spending is sparking concerns that we aren’t out of the woods yet.

Today on The Front Page, we’re joined by Simplicity chief economist Shamubeel Eaqub to run through the numbers.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills

The official cash rate has been cut by 50 basis points, bringing it down to 4.25 percent.
This marks the third consecutive cut to the OCR since August and brings it to the lowest level since November 2022.
With inflation also dropping last month to 2.2 percent, stats show an improving economy – but low spending is sparking concerns that we aren’t out of the woods yet.
Today on The Front Page, we’re joined by Simplicity chief economist Shamubeel Eaqub to run through the numbers.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer/Producer: Richard Martin Producer: Ethan Sills

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. 

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<li>Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. </li>
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Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day.

OCR cut signals an improving economy - but are we still in the danger zone?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a50d9216-6d85-415f-bbd1-b23500529fa1/transcript

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