Liam Dann: NZ Herald Business Editor on the OCR cut, inflation

The Reserve Bank's continuing to walk a fine line, with its move to cut the OCR 50-basis points to 2.5%.  Economic data suggests inflation has now hit 3%.  Finance Minister Nicola Willis is blaming rising rates, saying they’re having a disproportionate impact on overall inflation, whereas other sectors are stabilising.  NZ Herald Business Editor Liam Dann told Kerre Woodham we almost seem to be in a self-fulfilling negative spiral.  He says we should be feeling better, but we aren't, and then we start questioning ourselves and the economy.  LISTEN ABOVE  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.