The Australian Reserve Bank has moved to hold the OCR steady at 4.1 percent following this afternoon's meeting.

Interest rates started to drop in February - but the Central Bank opted to hold off on going further for the time being.

HSBC chief economist Paul Bloxham explains what inspired the market to make this move.

LISTEN ABOVE

The Australian Reserve Bank has moved to hold the OCR steady at 4.1 percent following this afternoon's meeting.
Interest rates started to drop in February - but the Central Bank opted to hold off on going further for the time being.
HSBC chief economist Paul Bloxham explains what inspired the market to make this move.
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

Paul Bloxham: HSBC chief economist on the RBA moving to hold the OCR at 4.1 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2fd0ff1e-a803-4960-95e6-b2b200713aa2/transcript