• Mike Jones: BNZ Chief Economist on the predicted cuts to the OCR

  • 2024/11/26
  • 再生時間： 2 分
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Mike Jones: BNZ Chief Economist on the predicted cuts to the OCR

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  • The Reserve Bank is widely expected to cut the Official Cash Rate today from 4.75% to 4.25%.

    It was cut by the same margin in October.

    ANZ's already cutting most of its home loan rates ahead of this afternoon's decision.

    BNZ Chief Economist Mike Jones told Ryan Bridge he can see some of the logic for a 75 basis point move.

    But he says those big moves tend to be reserved for crisis situations, and we're not in one of those.

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    See omnystudio.com/listener for privacy information.
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あらすじ・解説

The Reserve Bank is widely expected to cut the Official Cash Rate today from 4.75% to 4.25%.

It was cut by the same margin in October.

ANZ's already cutting most of its home loan rates ahead of this afternoon's decision.

BNZ Chief Economist Mike Jones told Ryan Bridge he can see some of the logic for a 75 basis point move.

But he says those big moves tend to be reserved for crisis situations, and we're not in one of those.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.
続きを読む 一部表示

Mike Jones: BNZ Chief Economist on the predicted cuts to the OCRに寄せられたリスナーの声

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