Milford expert on Reserve Bank's move to hold OCR at 5.5 percent

  • 05/10/2023
  • Sponsored by - Milford

The Reserve Bank has decided to keep the official cash rate unchanged at 5.5 percent after reviewing its monetary policy.

It also gave no strong signal that further rate rises might be on the cards, instead saying simply that interest rates "may need to remain at a restrictive level for a more sustained period of time".

Milford Asset Management investment analyst Katlyn Parker shares her thoughts on the decision and what it means for Kiwis.  

Watch the video above.

Article created in partnership with Milford.