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

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.