Households can breathe a temporary sigh of relief following yesterday's announcement from the Reserve Bank.

The Bank has held the OCR steady at 5.5 percent, in line with with what most economists were predicting.

NZ Herald business editor at large Liam Dann says it's going to be a long battle to get inflation down, so the future's uncertain.

LISTEN ABOVE

Households can breathe a temporary sigh of relief following yesterday's announcement from the Reserve Bank.
The Bank has held the OCR steady at 5.5 percent, in line with with what most economists were predicting.
NZ Herald business editor at large Liam Dann says it's going to be a long battle to get inflation down, so the future's uncertain.
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.