29 Nov 2023

Reserve Bank expected to hold OCR at 5.5 percent

From Morning Report, 7:23 am on 29 November 2023

The Reserve Bank is expected to hold the official cash rate steady at 5,5 percent for the fourth successive announcement Wednesday afternoon.

Watching on will be a new government whose stated priority is "fixing the economy".

So there's likely to be plenty of interest in Reserve Bank Governor Adrian Orr's commentary about the country's financial outlook.

Westpac chief economist Kelly Eckhold spoke to Corin Dann.