The OCR is expected to remain steady.

It’s expected to remain unchanged at 5.5% when the bank releases its quarterly Monetary Policy Statement this afternoon.

It's signalled a rate cut may not come for another year. 

Infometrics' Brad Olsen says the central bank is having to focus on inflation, over other negative economic indicators like rising unemployment.

He told Mike Hosking that he’d be very surprised if they decided to move it.

LISTEN ABOVE

The OCR is expected to remain steady. 
It’s expected to remain unchanged at 5.5% when the bank releases its quarterly Monetary Policy Statement this afternoon. 
It's signalled a rate cut may not come for another year.  
Infometrics' Brad Olsen says the central bank is having to focus on inflation, over other negative economic indicators like rising unemployment. 
He told Mike Hosking that he’d be very surprised if they decided to move it. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.