<description>&lt;p&gt;&lt;span&gt;The Official Cash Rate is likely to remain unchanged for at least the next few months.&lt;/span&gt; &lt;/p&gt; &lt;p&gt;&lt;span&gt;Most economists expect the Reserve bank to keep the Official Cash Rate unchanged at 5.5% when it comes up for review at 2pm.&lt;/span&gt; &lt;/p&gt; &lt;p&gt;&lt;span&gt;It's remained unchanged since May last year.&lt;/span&gt; &lt;/p&gt; &lt;p&gt;&lt;span&gt;Jarden Investment Strategist John Carran says it's 50-50 whether the Reserve Bank cuts the OCR in August or November.&lt;/span&gt; &lt;/p&gt; &lt;p&gt;&lt;span&gt;The primary focus is on inflation, he said, so that is where they’re looking for the OCR rate.&lt;/span&gt; &lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;span&gt;LISTEN ABOVE&lt;/span&gt;&lt;/strong&gt; &lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Early Edition on Newstalk ZB

Newstalk ZB

John Carran: Jarden Investment Strategist says the OCR is likely to remain at 5.5%

APR 9, 20243 MIN
Early Edition on Newstalk ZB

John Carran: Jarden Investment Strategist says the OCR is likely to remain at 5.5%

APR 9, 20243 MIN

Description

The Official Cash Rate is likely to remain unchanged for at least the next few months. 

Most economists expect the Reserve bank to keep the Official Cash Rate unchanged at 5.5% when it comes up for review at 2pm. 

It's remained unchanged since May last year. 

Jarden Investment Strategist John Carran says it's 50-50 whether the Reserve Bank cuts the OCR in August or November. 

The primary focus is on inflation, he said, so that is where they’re looking for the OCR rate. 

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See omnystudio.com/listener for privacy information.