The Reserve Bank has opted to keep the Official Cash Rate on hold at 2.75 percent, but it's likely future hikes could come.

This goes against the initial predictions by economists, who had expected another increase to the cash rate.

Newstalk ZB senior political correspondent Barry Soper says the Reserve Bank wasn't required to take the election into account - and they shouldn't have to. 

LISTEN ABOVE

The Reserve Bank has opted to keep the Official Cash Rate on hold at 2.75 percent, but it's likely future hikes could come.
This goes against the initial predictions by economists, who had expected another increase to the cash rate.
Newstalk ZB senior political correspondent Barry Soper says the Reserve Bank wasn't required to take the election into account - and they shouldn't have to.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Barry Soper: Newstalk ZB senior political correspondent on the Reserve Bank keeping the OCR on hold at 2.75 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/133478e5-d593-473e-8990-b4f10048b68b/transcript