Anna Breman: Reserve Bank Governor on whether we can expect more OCR hikes after recent increase
More Official Cash Rate hikes are possible, but far from guaranteed.
The Reserve Bank has raised the cash rate 25-basis-points this afternoon to 2.75 percent.
Governor Anna Breman says they are moving it towards a neutral level, to around 3 percent.
But she says nothing is set in stone.
"Today's decision will allow us to assess the impact of these two OCR increases - and then we will see whether we need to do further increases."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.