The latest Official Cash Rate announcement is coming later today and it's expected to lift 50 basis points to 4.75 per cent.

That's much lower than the original prediction of 5.5 per cent, but still a jump from the current 4.25 per cent.

Infometrics Principal Economist Brad Olsen joined Kate Hawkesby.

LISTEN ABOVE

The latest Official Cash Rate announcement is coming later today and it's expected to lift 50 basis points to 4.75 per cent.
That's much lower than the original prediction of 5.5 per cent, but still a jump from the current 4.25 per cent.
Infometrics Principal Economist Brad Olsen joined Kate Hawkesby.
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.