Jerrod Kerr: Kiwibank Chief Economist seeks further OCR cuts ahead of today's announcement
The Mike Hosking Breakfast · Newstalk ZB
August 19, 20253m 22s
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Show Notes
A senior economist says he'd like to see a series of OCR cuts.
The Reserve Bank will announce its decision at 2pm today.
Kiwibank Chief Economist Jarrod Kerr is expecting to see a 25 basis point cut.
He told Mike Hosking after a cut today, he'd like to see two more to get the OCR to 2.5%.
Kerr says that sort of stimulation is what we need to pull us out of recession.
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Topics
jarrod kerrkiwibankocrofficial cash ratebankeconomyfinances