Pattrick Smellie: BusinessDesk managing editor predicts the OCR will stay at 5.5 percent

from Best of Business · host Newstalk ZB

The RBNZ is expected to leave the OCR untouched at 5.5 percent on Wednesday. The last time the Reserve Bank didn't raise the OCR at a formal review point was in August 2021. BusinessDesk managing editor Pattrick Smellie says one NZIER expert predicted an increase, but he'd be surprised if went up. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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