Brad Olsen: Infometrics Principal Economist on the Reserve Bank cutting the OCR by 50 basis points

from Best of Business · host Newstalk ZB

There's questions over what will come next for the OCR after today's 50 basis point cut. The Reserve Bank has hinted more cuts will come in the new year. However, Infometrics Principal Economist Brad Olsen has warned this might not be the right approach. "A lot of economic forecasters are wondering - when do we get back to those more normal and considered steps, given that the economy is already starting to show some early signs of turning around?" LISTEN ABOVESee omnystudio.com/listener for privacy information.

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