The Reserve Bank's keeping a watchful eye on global trade developments. 

It's lowered the Official Cash Rate by 25-basis points to 3.5%, with another cut expected next month. 

But it's still waiting to see how trade barriers affect inflation before deciding what to do after that. 

Infometrics Principal Economist Brad Olsen told Andrew Dickens the central bank is right to take a wait-and-see approach. 

He says what's become very clear over the past couple of days, and again this morning, is how everything can change in an instant. 

LISTEN ABOVE 

The Reserve Bank's keeping a watchful eye on global trade developments.&nbsp;
It's lowered the Official Cash Rate by 25-basis points to 3.5%, with another cut expected next month.&nbsp;
But it's still waiting to see how trade barriers affect inflation before deciding what to do after that.&nbsp;
Infometrics Principal Economist Brad Olsen told Andrew Dickens the central bank is right to take a wait-and-see approach.&nbsp;
He says what's become very clear over the past couple of days, and again this morning, is how everything can change in an instant.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Brad Olsen: Infometrics Principle Economist on the Reserve Bank cutting the OCR, response to tariffs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/583c82c4-d7b9-4731-8878-b2ba017754b2/transcript