Kiwis could expect another cut to the Official Cash Rate before Christmas. 

The Reserve Bank has cut the OCR by 50 basis points, following a 25-basis point cut in August. 

Banks are following through with further interest rate cuts. 

ASB Chief Executive Vittoria Shortt told Mike Hosking the neutral rate is about 3.25%, so the central bank still has a way to go. 

She says it could drop another 50 basis points next month, provided inflation is back under control. 

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• The Huddle: How much of a difference will the OCR cut make?
• Mark Wilkshire: Co-operative Bank CEO on OCR cut
• 'Brighter days ahead': Reserve Bank cuts OCR by 50 basis points to 4.75%
• 'Don't expect a rent cut tomorrow', property investors warn