Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank's OCR statement - Heather du Plessis-Allan Drive

The Reserve Bank delivered their quarterly update on the OCR - but there was a hawkish undertone this time round, according to experts.

The central bank cut the Official Cash Rate by 25 basis points to 3.25 percent, in line with expectations from economists.

Despite this,  NZ Herald Wellington business editor Jenee Tibshraeny noted there were some concerns about the economic future.

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