Kelly Eckhold: Economist says Reserve Bank may hike OCR 25 basis points to 5.5 percent

from Early Edition with Ryan Bridge · host Newstalk ZB

The Official Cash Rate is expected to take another hike today. An announcement will be made by the Reserve Bank at around 2pm this afternoon. Most economists are holding out for a 25 basis point increase to 5.5 percent. Westpac Chief Economist Kelly Eckhold joined Kate Hawkesby to discuss a potential rise. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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This episode was published on May 23, 2023.

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