July 12, 2022 • 3 mins
Expect another rise in interest rates.
The Reserve Bank is expected to increase the OCR by 50 basis points this afternoon, to 2.5 percent.
Infometrics Principal Economist Brad Olsen told Kate Hawkesby while some parts of the economy are struggling, inflation remains high.
LISTEN ABOVE
The Reserve Bank is expected to increase the OCR by 50 basis points this afternoon, to 2.5 percent.
Infometrics Principal Economist Brad Olsen told Kate Hawkesby while some parts of the economy are struggling, inflation remains high.
LISTEN ABOVE
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