Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank cutting the OCR for the first time since 2020 - Heather du Plessis-Allan Drive

There's shock and excitement across the nation, as the Reserve Bank makes cuts to the OCR for the first time since 2020.

The Bank's slashed the cash rate by 25 basis points to 5.25 percent.

NZ Herald Wellington business editor Jenee Tibshraeny unpacks what brought this change on - and what caused Governor Adrian Orr to announce this.

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