Remy Morgan: Milford Asset Management expert on the market reactions to the RBNZ leaving the OCR on hold
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Remy Morgan: Milford Asset Management expert on the market reactions to the RBNZ leaving the OCR on hold
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About this listen
The Reserve Bank left the OCR on hold at 3.25 percent - with the bank claiming it was waiting for more economic data.
Economists widely suspected the RBNZ wouldn't cut rates any further, and they believe there's more cuts to come.
Milford Asset Management's Remy Morgan unpacked the market reactions.
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