The Reserve Bank cut the OCR by 25 basis points to three percent today, but the markets still saw some surprises.

Today's cut was divisive, with 2 of the 6 committee members voting for a 50 basis point cut.

Remy Morgan from Milford Asset Management explained further.

LISTEN ABOVE

The Reserve Bank cut the OCR by 25 basis points to three percent today, but the markets still saw some surprises.
Today's cut was divisive, with 2 of the 6 committee members voting for a 50 basis point cut.
Remy Morgan from Milford Asset Management explained further.
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

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6afe6316-e3c0-4183-b6bc-b33f0086d32f/transcript