Another hike is expected for the Official Cash Rate this afternoon.

Most economists think the Reserve Bank will be slightly more conservative, with a 25 basis point rise.

But that will still take the OCR to 5 percent, which will be the highest it's been since December 2008.

ANZ chief economist Sharon Zollner joined Kate Hawkesby.

LISTEN ABOVE

Another hike is expected for the Official Cash Rate this afternoon.
Most economists think the Reserve Bank will be slightly more conservative, with a 25 basis point rise.
But that will still take the OCR to 5 percent, which will be the highest it's been since December 2008.
ANZ chief economist Sharon Zollner joined Kate Hawkesby.
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.