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Australia holds OCR steady ahead of potential Trump tariffs - report

Author
Newstalk ZB,
Publish Date
Tue, 1 Apr 2025, 5:08pm
Photo / File
Photo / File

Australia holds OCR steady ahead of potential Trump tariffs - report

Author
Newstalk ZB,
Publish Date
Tue, 1 Apr 2025, 5:08pm

Australia's Reserve Bank has kept its Official Cash Rate unchanged - as it waits for the impact of tariffs expected from Donald Trump tomorrow.

New Zealand's Central Bank is still expected to drop our Official Cash Rate 25-basis points next week.

Australian correspondent Murray Olds says the uncertainty around the economy has created complications for the Central Bank.

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