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Christina Leung: NZIER Principal Economist expects the OCR to hold steady at 5.5%
Manage episode 386358504 series 2098280
Don't expect any major change to interest rates before Christmas.
The Reserve Bank is tipped to keep the Official Cash Rate unchanged at 5.5% at its next review at 2pm today.
Economists and commentators remain divided on whether there will be further hikes in the current cycle.
NZIER's Christina Leung told Tim Dower that, for now, previous hikes appear to be having the desired effect.
However, she says there is still work to be done yet to ease inflation.
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2927 एपिसोडस
Manage episode 386358504 series 2098280
Don't expect any major change to interest rates before Christmas.
The Reserve Bank is tipped to keep the Official Cash Rate unchanged at 5.5% at its next review at 2pm today.
Economists and commentators remain divided on whether there will be further hikes in the current cycle.
NZIER's Christina Leung told Tim Dower that, for now, previous hikes appear to be having the desired effect.
However, she says there is still work to be done yet to ease inflation.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
2927 एपिसोडस
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