Andrew Bascand: We've seen the bottom of the rate cycle
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Andrew Bascand: We've seen the bottom of the rate cycle
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About this listen
Last week the Reserve Bank dropped the OCR 25 basis points to 2.25%, but their tone was a bit more hawkish than usual.
Some analysts are thinking it's a signal that rates have gone as low as the RBNZ is willing to drop them - and the new Governor may be wanting to turn a new leaf in 2026.
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