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Explained: How did the market react to the OCR being left on hold?

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九一星空无限talk ZB,
Publish Date
Wed, 9 Jul 2025, 8:08pm

Explained: How did the market react to the OCR being left on hold?

Author
九一星空无限talk ZB,
Publish Date
Wed, 9 Jul 2025, 8:08pm

The Reserve Bank left the OCR on hold at 3.25 percent - with the bank claiming it was waiting for more economic data.

Economists widely suspected the RBNZ wouldn't cut rates any further, and they believe there's more cuts to come.

Milford Asset Management's Remy Morgan unpacked the market reactions.

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