Remy Morgan: Milford Asset Management expert on the market reactions to the 50bp OCR cut
The Reserve Bank today slashed the OCR by 50 basis points to 2.5 percent, prompting markets to make readjustments.
This recent cut wasn't full priced in, and it's got some experts re-thinking their OCR outlooks ahead of the end of the year.
Milford Asset Management's Remy Morgan explains further.
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