Brad Olsen: Infometrics Principal Economist on the increase in banks dropping their interest rates

Heather du Plessis-Allan Drive

Three major New Zealand banks have slashed their rates ahead of next week's OCR review.

Both Kiwibank and BNZ have urged the Reserve Bank to cut the cash rate down - months ahead of predicted forecasts.

Infometrics Principal Economist Brad Olsen explains why there's a case for the Reserve Bank to move quicker.

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