OCR drops another 50 basis points

Newsable
27/11/2024 10 min
OCR drops another 50 basis points

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Episode Synopsis

As expected the Reserve Bank has dropped the official cash rate by 50 basis points to 4.25%, the lowest level since November 2022.
Once again we've enlisted the services of Brad Olsen from Infometrics to tell us what this means in real terms.
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