The Official Cash Rate is expected to take another hike today.

An announcement will be made by the Reserve Bank at around 2pm this afternoon.

Most economists are holding out for a 25 basis point increase to 5.5 percent.

Westpac Chief Economist Kelly Eckhold joined Kate Hawkesby to discuss a potential rise.

LISTEN ABOVE

The Official Cash Rate is expected to take another hike today.
An announcement will be made by the Reserve Bank at around 2pm this afternoon.
Most economists are holding out for a 25 basis point increase to 5.5 percent.
Westpac Chief Economist Kelly Eckhold joined Kate Hawkesby to discuss a potential rise.
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.