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	Podcast:		Checkpoint
	Episode:		OCR reaches highest level in over seven years
	Category:		News & Politics
	Duration:		00:03:34
	Publish Date:		2022-10-05 04:17:00
	Description:		Borrowing just got more expensive again. The Reserve Bank's raised the official cash rate by 50 basis points to 3.5 percent, as expected. This is the eighth consecutive rate rise off a record cash rate low of point-two-five. All this as the bank tries ro reign in record inflation rates. Infometrics principal economist Brad Olsen joins Lisa Owen. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6313270003112
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