Brad Olsen: Infometrics principal economist on what we can expect from the first OCR update of 2025 - Heather du Plessis-Allan Drive

It's the Reserve Bank's first official cash rate decision for 2025 - and many economists are predicting a rate cut to start off the year.

The RBNZ is largely expected to lower the OCR by 50 basis points tomorrow, with two major banks already announcing rate cuts.

Infometrics principal economist Brad Olsen says a significant cut looks likely - but warns the central bank runs the risk of overdoing their response again.

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