The Reserve Bank surprised economists by revealing they considered hiking the Official Cash Rate - and haven't ruled out further hikes either.

Last week, the Reserve Bank confirmed they were keeping the OCR in place at 5.5 percent, in line with expectations.

HSBC chief economist Paul Bloxham said this was 'surprisingly hawkish', given the economy is weakening.

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The Reserve Bank surprised economists by revealing they considered hiking the Official Cash Rate - and haven't ruled out further hikes either.
Last week, the Reserve Bank confirmed they were keeping the OCR in place at 5.5 percent, in line with expectations.
HSBC chief economist Paul Bloxham said this was 'surprisingly hawkish', given the economy is weakening.
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.