Kelly Eckhold: Westpac Economist ahead of the Official Cash Rate review

Early Edition with Ryan Bridge · Oct 3, 2023 · 3m

The Reserve Bank is tipped to keep the Official Cash Rate unchanged at 5.5% when it comes up for review this afternoon.

Westpac's Kelly Eckhold told Kate Hawkesby that a change is unlikely so close to an election.

However, she said, the markets are looking at a 50-60% rate increase in November, earlier than the Reserve Bank had previously indicated.

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