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Now Playing: Bollard cuts OCR to 2.5%, delivers blunt message (2:29)
Source: ONE News
Reserve Bank governor Alan Bollard on Thursday cut the OCR to 2.5%, and delivered a clear message to the market. Reporter Alexi O'Brien and NZI Business presenter Corin Dann discuss the announcment.
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Now Playing: NZI Business April 30: OCR announcement preview (4:19)
Source: ONE News
ASB chief economist Nick Tuffley takes a look at what can be expected from the Reserve Bank's official cash rate annoucement and how this will affect Kiwis.
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