The OCR has been increased for the first time in three years, and it's prompted a divided response among experts.

The Monetary Policy Committee's unanimously agreed to raise the cash rate to 2.5 percent.

Milford Asset Management's Remy Wisenberg unpacked the reactions further.

LISTEN ABOVE

The OCR has been increased for the first time in three years, and it's prompted a divided response among experts.
The Monetary Policy Committee's unanimously agreed to raise the cash rate to 2.5 percent.
Milford Asset Management's Remy Wisenberg unpacked the reactions 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 Wisenberg: Milford Asset Management expert on whether the markets price in the OCR increase

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/02d8a0ff-6f76-4f5a-b0c8-b48100756092/transcript