The Reserve Bank this week lifted the Official Cash Rate to 5.5 per cent, as expected.  

But the big surprise came when Reserve Bank Governor Adrian Orr told Kiwis that his work was done and that the Reserve Bank didn’t see the need to lift rates any higher. 

So why has the Reserve Bank suddenly changed its mind on further hikes? Are Kiwis in for a longer run of inflation? And what factors will have the biggest impact on the economy over the next 12 months?    

Today, on the Front Page, NZ Herald Wellington business editor Jenée Tibshraeny explains the repercussions from the latest OCR hike.   

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Producer: Paddy Fox
Executive Producer: Ethan Sills

The Reserve Bank this week lifted the Official Cash Rate to 5.5 per cent, as expected.  
But the big surprise came when Reserve Bank Governor Adrian Orr told Kiwis that his work was done and that the Reserve Bank didn’t see the need to lift rates any higher. 
So why has the Reserve Bank suddenly changed its mind on further hikes? Are Kiwis in for a longer run of inflation? And what factors will have the biggest impact on the economy over the next 12 months?       Today, on the Front Page, NZ Herald Wellington business editor Jenée Tibshraeny explains the repercussions from the latest OCR hike.   
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto Producer: Paddy Fox Executive Producer: Ethan Sills

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. 

<ol>
<li>Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. </li>
</ol>

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day.

Advertisement