Barry Soper: ZB senior political correspondent on the Government's response to today's OCR cut
Heather du Plessis-Allan Drive · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The Prime Minister says this afternoon's double cut to the OCR is another sign the economy's improving.
The Reserve Bank is also signalling it'll follow up with at least two more 25 point reductions by the end of May.
Despite low productivity and net migration, our economy is expected to gradually pick up, in part due to rising dairy and beef prices - and the low Kiwi dollar.
ZB senior political correspondent Barry Soper says the Government's feeling proud of today's OCR update.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.