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Paul Bloxham: HSBC chief economist on the Reserve Bank cutting the OCR by 25 basis points
Manage episode 435171618 series 2098282
Homeowners have been able to breathe a sigh of relief following the Reserve Bank's decision to cut the OCR.
The cash rate was cut by 25 basis points after their August meeting, down to 5.25 percent.
HSBC chief economist Paul Bloxham explains that the RBNZ had to meet expectations to keep the economy in check.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7749 episoade
Manage episode 435171618 series 2098282
Homeowners have been able to breathe a sigh of relief following the Reserve Bank's decision to cut the OCR.
The cash rate was cut by 25 basis points after their August meeting, down to 5.25 percent.
HSBC chief economist Paul Bloxham explains that the RBNZ had to meet expectations to keep the economy in check.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7749 episoade
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