Sharon Zollner: Economist predicts OCR could rise to 5 percent, highest since December 2008

Early Edition with Ryan Bridge · Apr 4, 2023 · 2m

Another hike is expected for the Official Cash Rate this afternoon.

Most economists think the Reserve Bank will be slightly more conservative, with a 25 basis point rise.

But that will still take the OCR to 5 percent, which will be the highest it's been since December 2008.

ANZ chief economist Sharon Zollner joined Kate Hawkesby.

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