Following Rabobank's Official Cash Rate (OCR) forecast last week, Senior Macro Strategist at Rabobank Ben Picton dives into the most notable details, particularly for rural Kiwis.
Originally predicting a cut in August 2024, he explains why Rabobank now anticipates the OCR won't drop until later in the year and what relief that might offer those currently facing high interest rates.
Picton also touches on how the US election, particularly Donald Trump's proposed tariffs, could impact global monetary policies.
Listen to the full chat between Ben Picton and Dominic George above.
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