Today's OCR cut probably won't be the last in the current cycle, according to new claims.

The Reserve Bank's Monetary Policy Committee agreed to cut the cash rate 50 basis points to 2.5 percent.

They expect the tough economic conditions to stop inflation getting too high.

NZ Herald Business Editor at Large Liam Dann says there's definitely scope for at least one more cut.

LISTEN ABOVE

Today's OCR cut probably won't be the last in the current cycle, according to new claims.
The Reserve Bank's Monetary Policy Committee agreed to cut the cash rate 50 basis points to 2.5 percent.
They expect the tough economic conditions to stop inflation getting too high.
NZ Herald Business Editor at Large Liam Dann says there's definitely scope for at least one more cut.
LISTEN ABOVE

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We’re bringing you an exciting new era on Newstalk ZB with Matt Heath &amp; Tyler Adams Afternoons.
With years of media and broadcast experience between them, this team brings a fresh and unique perspective to your weekdays.
Matt and Tyler dive into the latest news stories, share their opinions, and engage with their listeners weekdays on Newstalk ZB.

Matt Heath and Tyler Adams dive into the latest news stories, share their opinions, and engage with their listeners weekdays on Newstalk ZB.

Matt Heath & Tyler Adams Afternoons

Liam Dann: NZ Herald Business Editor at Large on the impact of the RBNZ cutting the OCR

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c5213f3a-492a-4d31-9199-b370002f3bb7/transcript