Remy Morgan: Milford Asset Management expert on the market reactions to the OCR cut

The Reserve Bank cut the OCR by 25 basis points to three percent today, but the markets still saw some surprises.

Today's cut was divisive, with 2 of the 6 committee members voting for a 50 basis point cut.

Remy Morgan from Milford Asset Management explained further.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.