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Reserve Bank cuts OCR to 4.75 percent
Podcast |
Morning Report
Publisher |
Radio New Zealand
Media Type |
audio
Categories Via RSS |
News
Publication Date |
Oct 09, 2024
Episode Duration |
00:03:27
The Reserve Bank has cut the official cash rate to 4.75 percent - the lowest in 18 months - and some banks have quickly passed this on by lowering their floating mortgage and business rates. Employers and Manufacturers Association head of advocacy Alan McDonald spoke to Guyon Espiner.

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