John Carran: Jarden Investment Strategist says the OCR is likely to remain at 5.5%

The Official Cash Rate is likely to remain unchanged for at least the next few months.  Most economists expect the Reserve bank to keep the Official Cash Rate unchanged at 5.5% when it comes up for review at 2pm.  It's remained unchanged since May last year.  Jarden Investment Strategist John Carran says it's 50-50 whether the Reserve Bank cuts the OCR in August or November.  The primary focus is on inflation, he said, so that is where they’re looking for the OCR rate.  LISTEN ABOVE See omnystudio.com/listener for privacy information.