Business / Economy

Analysis: Reserve Bank's 50 point OCR lift

08:13 am on 6 April 2023

Listen

The Reserve Bank is still going hard and fast on its fight against inflation. 

It raised the official cash rate by 50-basis points on Wednesday, to 5.25 percent.

It says the latest cash rate lift will help keep mortgage and lending rates at their current levels; and help cool the economy. 

ANZ chief economist Sharon Zollner spoke to Corin Dann.