The Reserve Bank could have its hands full over the next few months, with inflation still stuck at elevated levels.  

Economists are predicting the Monetary Policy Committee will lift the official cash rate by 25 basis points at 2pm today.  

This would take it to 3%.  

ASB's Kim Mundy told Mike Hosking we could see further hikes in December and February. 

She says the Reserve Bank needs to get settings back to neutral levels sooner rather than later, because we're seeing signs that inflation's starting to stir. 

LISTEN ABOVE 

The Reserve Bank could have its hands full over the next few months, with inflation still stuck at elevated levels. &nbsp;
Economists are predicting the Monetary Policy Committee will lift the official cash rate by 25 basis points at 2pm today. &nbsp;
This would take it to 3%. &nbsp;
ASB's Kim Mundy told Mike Hosking we could see further hikes in December and February.&nbsp;
She says the Reserve Bank needs to get settings back to neutral levels sooner rather than later, because we're seeing signs that inflation's starting to stir.&nbsp;
LISTEN ABOVE&nbsp;

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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;

The SME Stream

Kim Mundy: ASB Chief Economist previews today's Official Cash Rate decision

As business owners, you know how hard it is keeping up with your business, let alone the news. Join Wilhelmina O'Keeffe each week as she gives you a rundown of the biggest stories that could impact your business, so you can make informed decisions with expert advice. 

This week, the Reserve Bank shocks many by holding the OCR steady, but was it the right move? More Kiwis are in work, and one island appears to be doing the heavy lifting. Plus we’ve heard about economic greenshots but not everyone is seeing them … so what’s the hold up? 

As business owners, you know how hard it is keeping up with your business, let alone the news. Join Wilhelmina O'Keeffe each week as she gives you a rundown of the biggest stories that could impact your business, so you can make informed decisions with expert advice.&nbsp;
This week,&nbsp;the Reserve Bank shocks many by holding the OCR steady, but was it the right move? More Kiwis are in work, and one island appears to be doing the heavy lifting. Plus we&rsquo;ve heard about economic greenshots but not everyone is seeing them &hellip; so what&rsquo;s the hold up?

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The Monetary Policy Committee voted to hold the OCR at 2.75%

The Monetary Policy Committee voted to hold the OCR at 2.75%

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Kim Mundy: ASB Chief Economist previews today's Official Cash Rate decision

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