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

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

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition, hosted by Kate Hawkesby on Newstalk ZB.

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