Uncertainty about what's next, after today's OCR cut

The Reserve Bank has slashed the Official Cash Rate 25 basis points to 3.5 percent, with most banks responding by cutting their advertised rates.

Economists are divided on how far rates will fall.

Westpac Chief Economist Kelly Eckhold says the global trading environment is changing by the day.

He says there's no clarity on how far US tariffs will extend, how countries will respond, and how it'll affect New Zealand.