Kelly Eckhold: Westpac Chief Economist on ahead of today's OCR announcement
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
Economists are expecting a 25 point basis cut from today's OCR announcement, but it could be the last one for a while.
The Reserve Bank will announce it's decision at 2pm.
Westpac Chief Economist Kelly Eckhold says last time around there were more notable arguments among the board.
He told Ryan Bridge at least one member of the board didn't want to cut last time around.
Eckhold says with those sort of debates going around, it makes further cuts less certain.
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