Another OCR hike is widely expected today and the Reserve Bank could signal more are coming. 

It announces its decision at 2pm, with the Official Cash Rate expected to rise from 2.5%. 

Economists are picking one or two further hikes. 

Westpac Chief Economist Kelly Eckhold told Ryan Bridge the Reserve Bank's view has shifted sharply since the start of the year. 

He says they're pretty locked in for 3% between now and Christmas. 

LISTEN ABOVE  

Another OCR hike is widely expected today and the Reserve Bank could signal more are coming.&nbsp;
It announces its decision at 2pm, with the Official Cash Rate expected to rise from 2.5%.&nbsp;
Economists are picking one or two further hikes.&nbsp;
Westpac Chief Economist Kelly Eckhold told Ryan Bridge the Reserve Bank's view has shifted sharply since the start of the year.&nbsp;
He says they're pretty locked in for 3% between now and Christmas.&nbsp;
LISTEN ABOVE &nbsp;

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.

Early Edition with Ryan Bridge

Kelly Eckhold: Westpac Chief Economist on the expectation the Official Cash Rate will be hiked

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5f2fceb3-ba04-48e5-bbc9-b4b80188ba87/transcript