The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.

The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.

NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.

LISTEN ABOVE

The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.
The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.
NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.
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

Jenee Tibshraeny: NZ Herald Wellington business editor on how the OCR announcement will impact mortgages

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d7671a74-148b-4cfd-8f15-b4f10073099e/transcript