OCR hike

PHOTO: The Reserve Bank of New Zealand. GETTY/NEWSHUB

The Reserve Bank backed up their ‘big talk’ on inflation with ‘even bigger action’ this week by hiking the official cash rate to heights not seen since the 2008 global financial crisis. Infometrics principal economist Brad Olsen reveals exactly when Kiwis will really start to feel the impact.

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NZ’s Official Cash Rate UP to 5.25% VS Australia’s is HELD at 3.6% | WATCH

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