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The Reserve Bank today moved to cut the OCR by 25 basis points to 3 percent, sparking debate among experts.
While economists priced in a cut, some anticipated a 50 basis point cut - and the monetary policy committee was reportedly divided on the matter.
Infometrics principal economist Brad Olsen joined the Afternoons team to explain whether future cuts are on the cards.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The Reserve Bank today moved to cut the OCR by 25 basis points to 3 percent, sparking debate among experts.
While economists priced in a cut, some anticipated a 50 basis point cut - and the monetary policy committee was reportedly divided on the matter.
Infometrics principal economist Brad Olsen joined the Afternoons team to explain whether future cuts are on the cards.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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