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OCR update: How did the markets respond to latest cut?

Author
Newstalk ZB,
Publish Date
Wed, 19 Feb 2025, 8:06pm
 Photo / 123rf
Photo / 123rf

OCR update: How did the markets respond to latest cut?

Author
Newstalk ZB,
Publish Date
Wed, 19 Feb 2025, 8:06pm

The Reserve Bank started 2025 off with some good news for homeowners and slashed the OCR by 50 basis points.

The Central Bank also implied more rate cuts will come - and at a quicker pace than previously indicated.

 Milford Asset Management's Remy Morgan revealed how the markets responded.

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