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OCR update: Were the markets left disappointed by today's cut?

Author
Newstalk ZB,
Publish Date
Wed, 27 Nov 2024, 8:59pm
(Photo / Getty)
(Photo / Getty)

OCR update: Were the markets left disappointed by today's cut?

Author
Newstalk ZB,
Publish Date
Wed, 27 Nov 2024, 8:59pm

The OCR was slashed by 50 basis points today - but some markets believe it could have gone lower.

Some experts believed a chunkier 75 point cut was on the way before the Reserve Bank took its summer break.

Milford Asset Management Portfolio Manager Katlyn Parker unpacked the response further.

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