Podcasts Other The Mike Hosking Breakfast Nick Tuffley: ASB Chief Economist predicts a bigger 50 basis point hike to the Official Cash Rate

Nick Tuffley: ASB Chief Economist predicts a bigger 50 basis point hike to the Official Cash Rate

Published: May 23, 2023, 7:54 p.m.

Brace for another hike to interest rates, with the Reserve Bank reviewing the Official Cash Rate this afternoon.

Westpac Chief Economist Kelly Eckhold and JMI Wealth Director Andrew Kelleher are predicting a 25-basis point hike.

However, ASB Chief Economist Nick Tuffley told Mike Hosking he's expecting a bigger hike.

\u201cA 50 and done.\u201d

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