Brad Olsen: Infometrics Principal Economist ahead of 50 point increase to OCR, up to 4.75 percent

The latest Official Cash Rate announcement is coming later today and it's expected to lift 50 basis points to 4.75 per cent. That's much lower than the original prediction of 5.5 per cent, but still a jump from the current 4.25 per cent. Infometrics Principal Economist Brad Olsen joined Kate Hawkesby. LISTEN ABOVESee omnystudio.com/listener for privacy information.