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31 Jan 2026 6:26
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      Home > News > Business

    The Finance Minister's dispelling concern the official cash rate will be hiked this year

    The Finance Minister's dispelling concern the official cash rate will be hiked this year


    Economics Firm Infometrics has suggested a hike to the OCR could come as soon as May.

    The prediction followed a lift in inflation to 3.1-percent, which put the Reserve Bank outside it's target mandate set by the Government.

    Nicola Willis says she doesn't think a rise is on the cards any time soon.

    She says the Reserve Bank's last update didn't predict a hike till 2027.

    © 2026 Newstalk ZB, NZCity

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