The Reserve Bank cut the Official Cash Rate by 25 basis points to 3.25 percent.

The markets had already priced a rates cut in - but there was some uncertainty emerging after the announcement took place. 

Milford Asset Management's Remy Morgan explains further.

LISTEN ABOVE

The Reserve Bank cut the Official Cash Rate by 25 basis points to 3.25 percent.
The markets had already priced a rates cut in - but there was some uncertainty emerging after the announcement took place.&nbsp;
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 spokesperson on the market reactions to the latest OCR cut

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7d9bf558-98c1-4b76-8b44-b2eb008662a1/transcript