the podcast on
Most banks have cut their advertised rates following yesterday's OCR decision.听
The Reserve Bank cut the Official Cash Rate by 25-basis points, going from 2.5% to 2.25%.听
Kiwibank was the first to move.听
Chief Executive Steve Jurkovich told Mike Hosking it's a positive sign of things to come, with their team now forecasting a steady period of cuts from now to June 2027.听
He said that people are unlikely to get carried away with the cuts, rushing out and buying new houses, cars, or technology.听
LISTEN ABOVE听
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeartRadio app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeartRadio is easy to use and all FREE
