Andrew Bascand: We've seen the bottom of the rate cycle

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.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.