Podcasts Other The Mike Hosking Breakfast Jarrod Kerr: Kiwibank Chief Economist says central bank is likely to continue with 25 basis point rises until the OCR hits three percent

Jarrod Kerr: Kiwibank Chief Economist says central bank is likely to continue with 25 basis point rises until the OCR hits three percent

Published: May 24, 2022, 7:37 p.m.

b"Prepare for interest rates to keep rising.\\nThe Reserve Bank is expected to raise the Official Cash Rate by another 50 basis points today, to counter rising inflation.\\nThat would take the OCR from 1.5 to 2.0 per cent -it's highest point in six years...."