Katlyn Parker: Milford Asset Management analyst on the market response to the OCR cut - Heather du Plessis-Allan Drive

Several Kiwi businesses have expressed relief as the Reserve Bank announces cuts to the OCR.

The cash rate has been dropped 25 basis points to 5.25 percent - the first significant cut to the OCR since 2020. 

Milford Asset Management's Katlyn Parker unpacks the wider market response.

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