Don't bank on any further cuts to the Official Cash Rate. 

The Reserve Bank's dropped the cash rate 25 basis points to 2.25%. 

It expects to see inflation ease and the economy recover. 

Kiwibank Chief Executive Steve Jurkovich told Mike Hosking this could very well be the bottom of the current OCR cycle. 

He says there's lots of talk about green shoots in the economy, although much of this has been in farming. 

LISTEN ABOVE 

Don't bank on any further cuts to the Official Cash Rate.&nbsp;
The Reserve Bank's dropped the cash rate 25 basis points to 2.25%.&nbsp;
It expects to see inflation ease and the economy recover.&nbsp;
Kiwibank Chief Executive Steve Jurkovich told Mike Hosking this could very well be the bottom of the current OCR cycle.&nbsp;
He says there's lots of talk about green shoots in the economy, although much of this has been in farming.&nbsp;
LISTEN ABOVE&nbsp;

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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, 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

Steve Jurkovich: Kiwibank CEO on the latest cut to the OCR

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/61b66bba-2006-43d7-af10-b3a1013276fb/transcript