The Reserve Bank Governor has held the Official Cash Rate at 5.5 percent today, as expected by most economists.

Adrian Orr says there was discussion on whether to bring in a small hike, but the Monetary Policy Committee concluded holding was the right move.

Milford Asset Management's Katlyn Parker analyses the market reaction to this announcement.

LISTEN ABOVE

The Reserve Bank Governor has held the Official Cash Rate at 5.5 percent today, as expected by most economists.
Adrian Orr says there was discussion on whether to bring in a small hike, but the Monetary Policy Committee concluded holding was the right move.
Milford Asset Management's Katlyn Parker analyses the market reaction to this announcement.
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.