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Economist predicts another hike of the OCR by the Reserve Bank today

Author
Newstalk ZB,
Publish Date
Wed, 5 Apr 2023, 8:17am
Photo / 123RF
Photo / 123RF

Economist predicts another hike of the OCR by the Reserve Bank today

Author
Newstalk ZB,
Publish Date
Wed, 5 Apr 2023, 8:17am

Economists are expecting another hike of the OCR by the Reserve Bank today.

Most are picking a 25 basis point rise taking it to 5 percent, this would be the highest since December 2008.

Westpac acting chief economist Michael Gordon joined Mike Hosking.

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