The cost of living pain isn't easing | 1News

The Official Cash Rate has been held steady at 5.5% in the Reserve Bank's second review of the year.
The Reserve Bank of New Zealand reviews the OCR seven times per year. It's the central bank's main tool for controlling inflation.
It's the sixth time the rate has been held at 5.5%.
Subscribe to 1News: bit.ly/1NewsKZbin | For the latest news from Aotearoa and overseas: www.1News.co.nz
This is the official channel of TVNZ's 1News, where we deliver the latest news, in-depth journalism and expert analysis from reporters you can trust.