The Reserve Bank is widely expected to cut the OCR tomorrow, according to new reports.

The OCR is currently sitting at 3.25 percent and the major banks have already been dropping their mortgage interest rates in anticipation.

HSBC chief economist Paul Bloxham outlined his predictions.

LISTEN ABOVE

The Reserve Bank is widely expected to cut the OCR tomorrow, according to new reports.
The OCR is currently sitting at 3.25 percent and the major banks have already been dropping their mortgage interest rates in anticipation.
HSBC chief economist Paul Bloxham outlined his predictions.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Paul Bloxham: HSBC chief economist on whether the OCR will be cut tomorrow

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8520f1d7-91a7-4b74-8699-b33e0081a2bf/transcript