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Rabobank strategist weighs up likelihood of OCR cut

Author
Newstalk ZB,
Publish Date
Mon, 22 Jul 2024, 2:05pm
Reserve Bank Governor Adrian Orr. (Photo / Mark Mitchell)
Reserve Bank Governor Adrian Orr. (Photo / Mark Mitchell)

Rabobank strategist weighs up likelihood of OCR cut

Author
Newstalk ZB,
Publish Date
Mon, 22 Jul 2024, 2:05pm

One expert believes OCR cuts could be kicking in for cash-strapped mortgage holders as soon as October.

The Reserve Bank has taken on a more dovish tone following their last cash rate update, leaving economists to believe relief could come in quickly.

Rabobank's Sydney-based Senior Macro Strategist, Ben Picton, joined The Country's Jamie Mackay to outline his predictions.

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