The Reserve Bank confirmed they'll hold the OCR in place at 5.5 percent.
This falls in line with predictions that the OCR update would follow on from February's release.
Milford Asset Management Sam Trethewey says some of the market was hoping for a reprieve- and they were left disappointed.
LISTEN ABOVE

Enda Brady: UK correspondent speaks ahead of Trump appearance at NATO summit
03:54

Hamish McKay: The Country spokesperson on the impacts of the rain in Kaikōura
03:25

The Huddle: Should we be worried about China?
09:29