Remy Wisenberg: Milford Asset Management expert on whether the markets price in the OCR increase
The OCR has been increased for the first time in three years, and it's prompted a divided response among experts.
The Monetary Policy Committee's unanimously agreed to raise the cash rate to 2.5 percent.
Milford Asset Management's Remy Wisenberg unpacked the reactions further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.