Hamish Pepper: How have financial markets responded to the OCR cut?

The Reserve Bank of New Zealand has announced a cut of 50 basis points to the OCR, bringing it down to 4.75%.  Director and Fixed Income and Currency Strategist at Harbour Asset Management, Hamish Pepper, joins Tim Beveridge to discuss how the markets have responded and what they may do from here.  LISTEN ABOVESee omnystudio.com/listener for privacy information.