Official Cash Rate (OCR)
Business Profile
Core Value Proposition
Official Cash Rate (OCR) provides monetary policy leverage to influence interest rates, helping keep inflation low and stable and supporting financial system stability for New Zealanders.
Target Customer
Registered banks and financial institutions that interact with the Reserve Bank via the OCR, as well as the general public, policymakers, researchers, and financial market participants who rely on monetary policy data and communications.
Key Differentiator
A central bank-driven framework offering regular OCR decisions and monetary policy explanations, complemented by real‑time data tools and educational resources (e.g., Kiwi-GDP nowcasts, inflation analysis, exchange rate data and the TWI) managed by Te Pūtea Matua.
Implementation Timeline
OCR decisions are published seven times per year; KiWi-GDP nowcasts are updated weekly; other data and publications are regularly updated as part of ongoing monetary policy communication.
Pain Points
- 1Uncertainty about inflation dynamics and future interest rates.
- 2Need to understand how OCR decisions affect personal finances (mortgage payments, savings, loans).
- 3Desire for timely, authoritative macroeconomic data and policy explanations.
Key Features
- 1Official Cash Rate (OCR) setting and Monetary Policy Committee (MPC) decisions (published updates, explanations, and outlooks).
- 2Inflation targeting framework (1% to 3% over the medium term, with focus on the 2% midpoint).
- 3Public macroeconomic data and education on policy (inflation, OCR, exchange rates, TWI, etc.).
- 4Kiwi-GDP: weekly nowcasts for GDP growth published on the website.
- 5Exchange rate data and Trade Weighted Index (TWI) information and historical series.
- 6Publications, media releases, and event schedules related to monetary policy.
Target Customer Industries
Decision Makers
- 1Chief Economist
- 2Assistant Governor
Client Results
- 1Inflation contextualized within a target band (1%–3%, with a focus on 2%), aiming for price stability.
- 2OCR decisions influence mortgage and loan pricing, potentially affecting household cash flows and spending.
- 3Improved visibility into monetary policy direction through regular updates and data offerings.
Competitive Advantages
- 1Direct, formal control over monetary policy via the Official Cash Rate.
- 2Transparent communication of policy decisions and rationale through MPC records and publications.
- 3Regular, timely macroeconomic data and tools (inflation, OCR, exchange rates, TWI, nowcasts).
Key Benefits
Additional Product Information
Product Description
The OCR is the interest rate that the Reserve Bank of New Zealand charges banks to borrow money from the Bank. The Monetary Policy Committee uses the OCR to influence interest rates and to achieve and maintain price stability, with an inflation target of 1%–3% over the medium term and a focus on the 2% midpoint.
Target Market
New Zealand households, businesses, registered banks and financial institutions, policymakers, researchers, and financial market participants seeking authoritative monetary policy data and guidance.
Unique Value Proposition
Te Pūtea Matua uniquely combines formal monetary policy management (OCR and MPC communications) with accessible, up-to-date macroeconomic data, education, and forecasting tools (e.g., Kiwi-GDP nowcasts, inflation explanations, and exchange-rate data).
Technical Requirements
Not specified in the provided content.
Pricing Model
Not disclosed in the provided content.
Companies Solving Similar Problems
Based on matching: problems solved, target roles, key features, industries
BP Energy Solutions
BP provides energy solutions to the world, focusing on both current and future energy needs.
International Monetary Fund (IMF)
The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for its 191 member countries by supporting economic policies that promote financial stability and monetary cooperation.
Tax Foundation
Tax Foundation provides insightful research and analysis on tax policy to improve economic growth and opportunity.
Technology Intelligence Platform
Technology Intelligence Platform provides technology insights and access to patent data and analytics from the European Patent Office (EPO) to foster innovation, competitiveness and economic growth.
The Heritage Foundation
The Heritage Foundation provides research and educational resources to build and promote conservative public policies, based in Washington, D.C.
Mindler Career Guidance Platform
Comprehensive career guidance and counselling services using advanced assessments and expert advice to help students discover and plan their ideal career paths.
Get More Profiles Like This
Join 2,000+ professionals getting weekly sales intelligence updates from GoAgentic
Ready to Transform Your Sales Pipeline?
Join 500+ sales professionals who've already automated their outreach
Supercharge your Outreach Today
Join innovative businesses using GoAgentic to automate their sales outreach with AI-powered conversations.
Start Your AI Outreach Today
Your competition is already using AI for outreach. Every day you wait is hundreds of missed conversations.
Start Converting More Prospects Today
- Set up in less than 2 minutes
- Cancel anytime during trial
- Full access to all features
- 7-day money-back guarantee
immediately
Full access to all features
(Test with up to 100 conversations)
Cancel anytime • Money-back guarantee