Latest / The Kākā by Bernard Hickey
Thursday's Chorus: OCR slashed as poll shows NZ on the 'wrong track'
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Briefly in the news this morning in Aotearoa’s political economy around housing, poverty and climate:
* The Lead: The Reserve Bank has cut the Official Cash Rate by a ‘bazooka’-sized 50 basis points to 2.5% and has indicated it may cut by more in November and February. Financial markets see the OCR dropping as far as 2.0%. Kiwibank Economist Jarrod Kerr told me last night a sub-2.0% OCR is possible if the economy continues to fail to fire.
* The Sidebar: The monthly poll by National Party’s pollster, Curia…
The skinny
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