The new Reserve Bank Governor will deliver her first Monetary Policy Statement today. 

The central bank's expected to keep the OCR unchanged at 2.25%. 

It's likely to show when inflation should start easing, and when the economy should recover from last year's downturn. 

BNZ Chief Economist Mike Jones told Mike Hosking today’s announcement will likely see them swap out the mild easing bias the bank had in November and replace it with a mild tightening bias.  

He says they believe the Reserve Bank will probably want to signal a hike by around December this year. 

LISTEN ABOVE 

The new Reserve Bank Governor will deliver her first Monetary Policy Statement today.&nbsp;
The central bank's expected to keep the OCR unchanged at 2.25%.&nbsp;
It's likely to show when inflation should start easing, and when the economy should recover from last year's downturn.&nbsp;
BNZ Chief Economist Mike Jones told Mike Hosking today’s announcement will likely see them swap out the mild easing bias the bank had in November and replace it with a mild tightening bias. &nbsp;
He says they believe the Reserve Bank will probably want to signal a hike by around December this year.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Mike Jones: BNZ Chief Economist on the expectation the Official Cash Rate will be held at 2.25%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/47c0f7bb-f105-483e-89b8-b3f4014d167f/transcript