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Kelly Eckhold: Westpac Chief Economist on the OCR
Published 2 months, 1 week ago
Description
We'll learn today, where the new Reserve Bank Governor sees the OCR heading.
The central bank's expected to keep the Official Cash Rate unchanged at 2.25 percent.
Governor Anna Breman will be releasing her first Monetary Policy Statement since taking charge 11 weeks ago.
It's likely to show when inflation should start easing, and when the economy should recover from last year's downturn.
Economists expect the OCR will rise again late this year and early next year.
Westpac Chief Economist Kelly Eckhold shares his thoughts with Ryan.
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