Christopher Luxon remains hopeful the latest cut in the OCR isn't the last. 

The Reserve Bank's dropped the Official Cash Rate 25 basis points to 3.25%, and is now forecasting it will reach a low of 2.9 percent in December. 

But the Monetary Policy Committee wasn't able to reach a unanimous decision to cut the cash rate. 

The Prime Minister told Mike Hosking Acting Governor Christian Hawkesby is dealing with a period of global uncertainty. 

He says there's a huge amount of volatility that Hawkesby is navigating, but the economy is turning a corner. 

LISTEN ABOVE 

Christopher Luxon remains hopeful the latest cut in the OCR isn't the last.&nbsp;
The Reserve Bank's dropped the Official Cash Rate 25 basis points to 3.25%, and is now forecasting it will reach a low of 2.9 percent in December.&nbsp;
But the Monetary Policy Committee wasn't able to reach a unanimous decision to cut the cash rate.&nbsp;

The Prime Minister told Mike Hosking Acting Governor Christian Hawkesby is dealing with a period of global uncertainty.&nbsp;
He says there's a huge amount of volatility that Hawkesby is navigating, but the economy is turning a corner.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Christopher Luxon: Prime Minister discusses the OCR cut, superannuation, public service leaks

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/50fc2559-43ab-4237-b603-b2eb0142f6a4/transcript