Economists are split on how far the Reserve Bank will go with slashing the Official Cash Rate. 

The central bank will reveal its latest monetary policy decision this afternoon.  

There are strong expectations of a cut from three percent, but debate over its size.  

ANZ says a 25 basis point cut could be strategic at this point in the cycle, with the OCR near its bottom.  

But ASB Chief Economist Nick Tuffley told Mike Hosking he favours a 50 basis point cut.  

He says you can make a case either way, but he thinks it's time to give it a firmer nudge than what we've seen recently. 

LISTEN ABOVE 

Economists are split on how far the Reserve Bank will go with slashing the Official Cash Rate.&nbsp;
The central bank will reveal its latest monetary policy decision this afternoon. &nbsp;
There are strong expectations of a cut from three percent, but debate over its size. &nbsp;
ANZ says a 25 basis point cut could be strategic at this point in the cycle, with the OCR near its bottom. &nbsp;
But ASB Chief Economist Nick Tuffley told Mike Hosking he favours a 50 basis point cut. &nbsp;
He says you can make a case either way, but he thinks it's time to give it a firmer nudge than what we've seen recently.&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

Nick Tuffley: ASB Chief Economist on whether the OCR will be cut by 25 basis points or 50

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ac28869e-0063-40b7-aeab-b36f013b6490/transcript

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