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Nicola Willis: Finance Minister on Reserve Bank cutting the OCR
Manage episode 501402030 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
A steady slide to the OCR is gently flowing through to households.
The Reserve Bank's cut the cash rate from 5.5% to 3% over the past 13 months and is also signalling further possible cuts on the way.
Assistant Governor Karen Silk says many people have been fixing on higher short-term rates while they hold out for lower long-term rates.
Finance Minister Nicola Willis told Ryan Bridge it’s important that monetary policy can stimulate the economy, and the Reserve Bank has made a clear decision to ensure interest rates can fall further.
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Manage episode 501402030 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
A steady slide to the OCR is gently flowing through to households.
The Reserve Bank's cut the cash rate from 5.5% to 3% over the past 13 months and is also signalling further possible cuts on the way.
Assistant Governor Karen Silk says many people have been fixing on higher short-term rates while they hold out for lower long-term rates.
Finance Minister Nicola Willis told Ryan Bridge it’s important that monetary policy can stimulate the economy, and the Reserve Bank has made a clear decision to ensure interest rates can fall further.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
4298 episodes
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Similar to Early Edition with Ryan Bridge
Crystal Orderson brings news from the continent.
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continue reading
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America is divided, and it always has been. We're going back to the moment when that split turned into war. This is Uncivil: Gimlet Media's new history podcast, hosted by journalists Jack Hitt and Chenjerai Kumanyika. We ransack the official version of the Civil War, and take on the history you grew up with. We bring you untold stories about covert operations, corruption, resistance, mutiny, counterfeiting, antebellum drones, and so much more. And we connect these forgotten struggles to the ...
…
continue reading
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…
continue reading
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…
continue reading
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continue reading
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…
continue reading
The UK Column is an independent news organisation analysing the information war. Operating without financial backing or external investment, we remain free from advertisers, foundations, and political parties, relying solely on support from our audience through memberships and donations.
…
continue reading
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continue reading
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