Smart Money

← Smart Money16 aug · 40 min

Hamish Pepper: What's the reasoning behind RBNZ's decision to hike the OCR?

Hamish Pepper: What's the reasoning behind RBNZ's decision to hike the OCR?16 aug40 min

The RBNZ recently hiked the OCR from 2.25% to 2.5%, and experts are expecting around another 1% of hikes over the next year, as managing inflation risks take priority over the weaker economy.

But when will our economy start turning around? Hamish Pepper from Harbour Asset Management joins Tim Beveridge to discuss.

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