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.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you