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Hot Topic EARNINGS
Beehive Banter
6 mins to read
1

Interest rate cut, defence spending, data breach ... let’s go

The Government and Opposition argue about who is responsible for interest rate cuts.

WATCH: NBR political editor Brent Edwards speaks with Grant Walker.

Brent Edwards Sat, 22 Feb 2025

The Reserve Bank did as everyone expected this week and cut the official cash rate another 50 basis points to 3.75%.

It started a flurry of commentary, with Finance Minister Nicola Willis saying the Reserve Bank’s economic outlook indicated the economy was growing and that meant more money in

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Brent Edwards Sat, 22 Feb 2025
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Beehive Banter official cash rate (OCR) Reserve Bank interest rate cut Economy Nicola Willis David Seymour Barbara Edmonds Chlöe Swarbrick Defence spending Donald Trump China Christopher Luxon Winston Peters Andrew Little Public Service Commission data breach investigation Brian Roche Te Pāti Māori John Tamihere Stats New Zealand media Melissa Lee Paul Goldsmith tourism
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