OCR

Savers are doing it tough in the low interest rate environment and should prepare for further easing, says an analyst.

The Prime Minister does not expect the central bank to cut interest rates following the British vote to leave the EU, but analysts are not so sure.

The Reserve Bank has held the official cash rate steady at a record low 2.25 percent as expected, but left the door open for further cuts.

The Reserve Bank has held its Official Cash Rate steady at a record low 2.25 percent, but left the door open for further cuts.

The Reserve Bank is due to review the official cash rate on Thursday. Are we in for another cut or will it be a case of steady as she goes?

Banks are being criticised for keeping credit card interest rates at nearly 20 percent despite general interest rates being at their lowest in decades. Audio

The Prime Minister has ridiculed Labour leader Andrew Little's idea of strong-arming banks to lower interest rates.

Finance Minister Bill English says he's not concerned most major banks are not passing on any, or all, of last week's interest rate cut.

The Reserve Bank has lowered the Official Cash Rate to a new record low of 2.25 percent, from 2.5 percent.

The Reserve Bank will tomorrow release its first detailed look at the economy for 2016, and there's one question on everyone's lips: Will it cut the Official Cash Rate?

Increased uncertainty about the strength of the global economy and ongoing low inflation is mirrored in economists' expectations about the Reserve Bank's next move.

The latest drop in the Official Cash Rate could put the squeeze on retirement savings, with those nearing retirement and the elderly worried about the low rate.

The Reserve Bank has cut the Official Cash Rate from 2.75 to 2.5 percent, in the fourth drop this year. Audio

The Reserve Bank has left the Official Cash Rate unchanged but has again indicated that further cuts are likely.