The Reserve Bank is tipped to keep the Official Cash Rate unchanged at 5.5% when it comes up for review this afternoon.

Westpac's Kelly Eckhold told Kate Hawkesby that a change is unlikely so close to an election.

However, she said, the markets are looking at a 50-60% rate increase in November, earlier than the Reserve Bank had previously indicated. 

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The Reserve Bank is tipped to keep the Official Cash Rate unchanged at 5.5% when it comes up for review this afternoon. 
Westpac's Kelly Eckhold told Kate Hawkesby that a change is unlikely so close to an election. 
However, she said, the markets are looking at a 50-60% rate increase in November, earlier than the Reserve Bank had previously indicated.  
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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.