Liam Dann: NZ Herald business editor at large on how the banks responded to latest OCR cut
Heather du Plessis-Allan Drive · Newstalk ZB
November 28, 20243m 34s
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Show Notes
The Reserve Bank moved to cut the OCR by 50 basis points in its final decision for 2024.
New Zealand's biggest banks have adjusted their floating rates accordingly - but no significant cuts have been reported yet.
NZ Herald business editor at large Liam Dann explains further.
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Topics
Reserve BankOCR updatecutsmortgages