The Reserve Bank today slashed the OCR by 50 basis points to 2.5 percent, prompting markets to make readjustments.

This recent cut wasn't full priced in, and it's got some experts re-thinking their OCR outlooks ahead of the end of the year.

Milford Asset Management's Remy Morgan explains further.

LISTEN ABOVE

The Reserve Bank today slashed the OCR by 50 basis points to 2.5 percent, prompting markets to make readjustments.
This recent cut wasn't full priced in, and it's got some experts re-thinking their OCR outlooks ahead of the end of the year.
Milford Asset Management's Remy Morgan explains further.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Remy Morgan: Milford Asset Management expert on the market reactions to the 50bp OCR cut

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8ee36bb3-7901-43b9-ad0b-b3700078f722/transcript