Warning interest rates could rise again following latest OCR announcement | WATCH

PHOTO: The Reserve Bank of New Zealand has kept the OCR at 5.5%

The Official Cash Rate has been maintained at 5.5 percent. However, the Reserve Bank has issued a cautionary statement, indicating the possibility of an additional increase before the year concludes.

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) unchanged at 5.50% | WATCH

Protected: REVEALED: ‘MOVERS AND SHAKERS’ of the NZ real estate industry | 2023