The Reserve Bank is walking a tight rope when it comes to interest rates.

The OCR is expected to remain unchanged at 5.5% when the bank releases its quarterly Monetary Policy Statement this afternoon.

It's signalled a rate cut may not come for another year.

ANZ's Chief Economist Sharon Zollner told Mike Hosking that their view is that a cut is more likely to come next year, as inflation is coming down quite slowly.

On the other hand, she said, the economy has come down quite quickly, so it’ll depend on how they weigh up those two factors.

LISTEN ABOVE

The Reserve Bank is walking a tight rope when it comes to interest rates. 
The OCR is expected to remain unchanged at 5.5% when the bank releases its quarterly Monetary Policy Statement this afternoon. 
It's signalled a rate cut may not come for another year. 
ANZ's Chief Economist Sharon Zollner told Mike Hosking that their view is that a cut is more likely to come next year, as inflation is coming down quite slowly. 
On the other hand, she said, the economy has come down quite quickly, so it’ll depend on how they weigh up those two factors. 
LISTEN ABOVE

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, 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,...

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