ZB

Barry Soper On Reserve Bank Official Cash Rate Move

Author
Newstalk ZB,
Publish Date
Wed, 13 Apr 2022, 2:33pm
Photo / Getty Images
Photo / Getty Images

Barry Soper On Reserve Bank Official Cash Rate Move

Author
Newstalk ZB,
Publish Date
Wed, 13 Apr 2022, 2:33pm
The Reserve Bank has lifted the Official Cash Rate by 50 basis points, to 1.5 percent.
It comes after three consecutive 25 basis point hikes by the central bank.

While economists believed we would see a lift in the OCR today - they were divided on whether it would go up by 25 or 50 basis points.

Newstalk ZB Political Editor Barry Soper joined Simon Barnett & James Daniels to discuss the move.

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