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Jerrod Kerr: Kiwibank Chief Economist seeks further OCR cuts ahead of today's announcement - The Mike Hosking Breakfast

The Mike Hosking Breakfast

A senior economist says he'd like to see a series of OCR cuts. 

The Reserve Bank will announce its decision at 2pm today.  

Kiwibank Chief Economist Jarrod Kerr is expecting to see a 25 basis point cut.  

He told Mike Hosking after a cut today, he'd like to see two more to get the OCR to 2.5%.  

Kerr says that sort of stimulation is what we need to pull us out of recession. 

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Jerrod Kerr: Kiwibank Chief Economist seeks further OCR cuts ahead of today's announcement - The Mike Hosking Breakfast