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Hamish Pepper: How have financial markets responded to the OCR cut?

Hamish Pepper: How have financial markets responded to the OCR cut?

Published 1 year, 9 months ago
Description

The Reserve Bank of New Zealand has announced a cut of 50 basis points to the OCR, bringing it down to 4.75%. 

Director and Fixed Income and Currency Strategist at Harbour Asset Management, Hamish Pepper, joins Tim Beveridge to discuss how the markets have responded and what they may do from here. 

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