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Brad Olsen: Infometrics principal economist on the Reserve Bank cutting the OCR to 3 percent
Published 9 months, 4 weeks ago
Description
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.
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