EP 530 - Will The OCR Drop Fix The NZ Economy?

The reserve bank have dropped the official cash rate by a massive 50 basis points from 3% to 2.5% but will this really stimulate the economy and put confidence back into it to get people back out there spending money. We're not too sure and in this we're going to try predict how low this could actually go. More information about our 12 month program here: https://nextadvisory.nz If you're interested in working together in other ways:let's connect over a quick call: https://calendly.com/philsmith/Get our $20,000 business planning tool for free: https://nextadvisory.nz/Instagram: https://www.instagram.com/nextadvisory.nz/