Remy Morgan: Milford Asset Management expert on the Reserve Bank slashing the OCR by 25 basis points - Heather du Plessis-Allan Drive

The Reserve Bank is keeping a watching brief internationally as Donald Trump's new tariffs kick in.

The central bank cut the Official Cash Rate another 25 basis points, to 3.5 percent.

Banks speedily lowered their advertised rates in response.

Milford Asset Management's Remy Morgan explained what the bank will be monitoring going forward.

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