Banks and economists expect the Official Cash Rate to hold at 2.25% despite global uncertainty.  

It's the first OCR announcement since conflict erupted in the Middle East, with September the hot pick for when the rate will next lift. 

Co-operative Bank CEO Mark Wilshire told Ryan Bridge he expects a cautious approach by both the Reserve Bank and the Government in the coming days.  

He says it'll be interesting to see the bank's outlook and Budget announcements tomorrow, which will probably be fairly constrained in terms of spending. 

LISTEN ABOVE 

Banks and economists expect the Official Cash Rate to hold at 2.25% despite global uncertainty. &nbsp;
It's the first OCR announcement since conflict erupted in the Middle East, with September the hot pick for when the rate will next lift.&nbsp;
Co-operative Bank CEO Mark Wilshire told Ryan Bridge he expects a cautious approach by both the Reserve Bank and the Government in the coming days. &nbsp;
He says it'll be interesting to see the bank's outlook and Budget announcements tomorrow, which will probably be fairly constrained in terms of spending.&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

Mark Wilshire: Co-operative Bank CEO ahead of the Official Cash Rate announcement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c7512742-1a51-40f4-aa37-b45601816933/transcript