Remy Morgan: Milford Asset Management expert on the market reactions to the OCR cut - Heather du Plessis-Allan Drive

The Reserve Bank cut the OCR by 25 basis points to three percent today, but the markets still saw some surprises.

Today's cut was divisive, with 2 of the 6 committee members voting for a 50 basis point cut.

Remy Morgan from Milford Asset Management explained further.

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