11 Jul 2023

Reserve Bank to update OCR

From Morning Report, 7:51 am on 11 July 2023

What's in store for the country's all-important official cash rate when the Reserve Bank updates the OCR, which currently stands at 5.5 percent?

At the time of its last rate hike, in May, the central bank indicated it had probably finished lifting the rate in its current fight against runaway inflation.

Most analysts seem to take the same view. But that doesn't mean we're out of the woods yet.

ANZ chief economist Sharon Zollner joins us now spoke to Corin Dann.