Economists' Official Cash Rate expectations have proven correct.

It's staying at 5.5% for the eight consecutive time.

But the Reserve Bank's tone has softened, and they’re hinting that inflation will return to its 1-3% target by the year's end.

ANZ Chief Economist Sharon Zollner told Ryan Bridge that the Reserve Bank was pretty careful to leave all their options open regarding a rate cut.

She said that they see it as tilting the risks a little bit towards earlier cuts, but essentially, it’s going to be the data that decides when the inflation data is released next week.

LISTEN ABOVE

Economists' Official Cash Rate expectations have proven correct. 
It's staying at 5.5% for the eight consecutive time. 
But the Reserve Bank's tone has softened, and they’re hinting that inflation will return to its 1-3% target by the year's end. 
ANZ Chief Economist Sharon Zollner told Ryan Bridge that the Reserve Bank was pretty careful to leave all their options open regarding a rate cut. 
She said that they see it as tilting the risks a little bit towards earlier cuts, but essentially, it’s going to be the data that decides when the inflation data is released next week. 
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.

Early Edition with Ryan Bridge

Sharon Zollner: ANZ Chief Economist on the OCR being held at 5.5%

New Zealand's medal haul at the Paris Olympics has increased by a rowing trifecta of gold, silver and bronze.

Lucy Spoors and Brooke Francis took the gold in the double sculls, the men’s four of Logan Ullrich, Tom Murray, Matt Macdonald, and Ollie Maclean dipped their oars in the spoils with silver.

And their female counterparts Jackie Gowler, Kerri Williams, Davina Waddy, and Phoebe Spoors completed the podium with bronze.

Kerri Williams told Ryan Bridge it hasn’t really sunk in yet.

She said it was a bit of a sprint at the end as the leading team set a pretty hot pace, but they came out on the right side.

LISTEN ABOVE

New Zealand's medal haul at the Paris Olympics has increased by a rowing trifecta of gold, silver and bronze. 
Lucy Spoors and Brooke Francis took the gold in the double sculls, the men’s four of Logan Ullrich, Tom Murray, Matt Macdonald, and Ollie Maclean dipped their oars in the spoils with silver. 
And their female counterparts Jackie Gowler, Kerri Williams, Davina Waddy, and Phoebe Spoors completed the podium with bronze. 
Kerri Williams told Ryan Bridge it hasn’t really sunk in yet. 
She said it was a bit of a sprint at the end as the leading team set a pretty hot pace, but they came out on the right side. 
LISTEN ABOVE

Kerri Williams: Olympic rower on their bronze medal in the Olympic Women's Four race

Northland businesses say Transpower needs to take responsibility for a fallen pylon and show face in Northland.

Transpower's found contractor Omexom's team leader was distracted sandblasting, as unsupervised inexperienced workers removed the bolts from three legs at once. 

It says residents can contact their retailer for compensation, but they can't do anything for businesses. 

North Chamber Chief Executive Darryn Fisher told Ryan Bridge Transpower needs to stop avoiding this conversation.

He's calling for them to put their big pants on, get up to Northland and explain why their negligence is putting their livelihoods at risk.

LISTEN ABOVE

Northland businesses say Transpower needs to take responsibility for a fallen pylon and show face in Northland. 
Transpower's found contractor Omexom's team leader was distracted sandblasting, as unsupervised inexperienced workers removed the bolts from three legs at once.  
It says residents can contact their retailer for compensation, but they can't do anything for businesses.  
North Chamber Chief Executive Darryn Fisher told Ryan Bridge Transpower needs to stop avoiding this conversation. 
He's calling for them to put their big pants on, get up to Northland and explain why their negligence is putting their livelihoods at risk. 
LISTEN ABOVE

Darryn Fisher: North Chamber CEO says Transpower needs to front up and explain why they can't compensate Northland businesses for the power cut

The 17-year-old accused of the fatal Southport stabbings at a Taylor Swift-themed dance class has been named.

Axel Rudakubana has made his first court appearance in the UK.

British newspapers successfully argued the minor should be named, given public interest.

Three children died and five more were critically injured in the attack earlier this week.

UK Correspondent, Vincent McAviney told Ryan Bridge that Rudakubana has been remanded in youth custody.

He says it's a complex operation, with the trial likely to take place early next year.

LISTEN ABOVE

The 17-year-old accused of the fatal Southport stabbings at a Taylor Swift-themed dance class has been named. 
Axel Rudakubana has made his first court appearance in the UK. 
British newspapers successfully argued the minor should be named, given public interest. 
Three children died and five more were critically injured in the attack earlier this week. 
UK Correspondent, Vincent McAviney told Ryan Bridge that Rudakubana has been remanded in youth custody. 
He says it's a complex operation, with the trial likely to take place early next year. 
LISTEN ABOVE

Sharon Zollner: ANZ Chief Economist on the OCR being held at 5.5%

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