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John Kensington: Banking and Finance at KPMG on predicted 50 point OCR rise to 2.5pc

The Reserve Bank's move today regarding the OCR seems to be a foregone conclusion.

Anyone who's anyone in the finance world is predicting another 50 point rise, the third in a row - putting the OCR at 2.5 percent.

Head of Banking and Finance at KPMG John Kensington joined Mike Hosking.

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