Liam Dann: NZ Herald Business Editor on the OCR cut, inflation

2025-10-09

The Reserve Bank's continuing to walk a fine line, with its move to cut the OCR 50-basis points to 2.5%. Economic data suggests inflation has now hit 3%. Finance Minister Nicola Willis is blaming rising rates, saying they’re having a disproportionate impact on overall inflation, whereas other sectors are stabilising. NZ Herald Business Editor Liam Dann told Kerre Woodham we almost seem to be in a self-fulfilling negative spiral. He says we should be feeling better, but we aren't, and then we start questioning o...

The Reserve Bank's continuing to walk a fine line, with its move to cut the OCR 50-basis points to 2.5%.

Economic data suggests inflation has now hit 3%.

Finance Minister Nicola Willis is blaming rising rates, saying they’re having a disproportionate impact on overall inflation, whereas other sectors are stabilising.

NZ Herald Business Editor Liam Dann told Kerre Woodham we almost seem to be in a self-fulfilling negative spiral.

He says we should be feeling better, but we aren't, and then we start questioning ourselves and the economy.

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