John Carran: Jarden Economist and Investment Strategist on today's OCR decision
Economists are seemingly aligned on where they think today's Official Cash Rate figure will land. The Reserve Bank's expected to cut the OCR by 25 basis points, down from 3.75 percent. It's the first rate decision since Governor Adrian Orr's resignation. Jarden Economist and Investment Strategist, John Carran told Andrew Dickens there's been a lot of uncertainty in markets from US President Donald Trump's tariffs. He believes it's too early for the bank to panic and cut the OCR any further. See omnystudio.com/listener for privacy information.