Sharon Zollner: Economist predicts OCR could rise to 5 percent, highest since December 2008

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Recorded04 Apr 2023

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Another hike is expected for the Official Cash Rate this afternoon. Most economists think the Reserve Bank will be slightly more conservative, with a 25 basis point rise. But that will still take the OCR to 5 percent, which will be the highest it's been since December 2008. ANZ chief economist Sharon Zollner joined Kate Hawkesby. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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