The Reserve Bank has cut the Official Cash Rate 25-basis-points -- to 3.25 percent. That's the lowest it's been since August 2022 – though there were discussions about holding it. Today's move is in line with most economists' expectations, and is another positive sign of the growth of the economy. But there remains global uncertainty over President Trump’s policies and what impact his tariffs and trade wars could have. Today on The Front Page, Infometrics chief forecaster, Gareth Kiernan is with us to dissect the decision to cut again, and what impact global politics could have on our economy. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Chelsea DanielsSound Engineer/Producer: Richard MartinProducer: Ethan SillsSee omnystudio.com/listener for privacy information.

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