The Reserve Bank is keeping a watching brief internationally as Donald Trump's new tariffs kick in.

The central bank cut the Official Cash Rate another 25 basis points, to 3.5 percent.

Banks speedily lowered their advertised rates in response.

Milford Asset Management's Remy Morgan explained what the bank will be monitoring going forward.

LISTEN ABOVE

The Reserve Bank is keeping a watching brief internationally as Donald Trump's new tariffs kick in.
The central bank cut the Official Cash Rate another 25 basis points, to 3.5 percent.
Banks speedily lowered their advertised rates in response.
Milford Asset Management's Remy Morgan explained what the bank will be monitoring going forward.
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 Reserve Bank slashing the OCR by 25 basis points

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7437f7f8-ca0b-43c7-b6c6-b2ba008711f0/transcript