Kelly Eckhold: Economist says Reserve Bank may hike OCR 25 basis points to 5.5 percent

Early Edition with Ryan Bridge · May 23, 2023 · 3m

The Official Cash Rate is expected to take another hike today.

An announcement will be made by the Reserve Bank at around 2pm this afternoon.

Most economists are holding out for a 25 basis point increase to 5.5 percent.

Westpac Chief Economist Kelly Eckhold joined Kate Hawkesby to discuss a potential rise.

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