The Reserve Bank is widely expected to deliver another 50 basis point hike to the Official Cash Rate today, as it moves to try to head off inflation in the economy.

That would be the fifth 50 basis point hike in a row, an unprecedented run, and would take the OCR from 3 per cent to 3.5 per cent.

To discuss further, Westpac acting Chief Economist Michael Gordon joined Roman Travers.

LISTEN ABOVE

The Reserve Bank is widely expected to deliver another 50 basis point hike to the Official Cash Rate today, as it moves to try to head off inflation in the economy.
That would be the fifth 50 basis point hike in a row, an unprecedented run, and would take the OCR from 3 per cent to 3.5 per cent.
To discuss further, Westpac acting Chief Economist Michael Gordon joined Roman Travers.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.