The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.

The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.

NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.

LISTEN ABOVE

The Reserve Bank moved to keep the OCR on hold today, surprising experts who were expecting an increase.
The Monetary Policy Committee voted four votes to three to hold the cash rate at 2.75 percent.
NZ Herald Wellington business editor Jenee Tibshraeny explains what this development could mean for mortgage holders.
LISTEN ABOVE

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
&nbsp;