The Reserve Bank could have its hands full over the next few months, with inflation still stuck at elevated levels.
Economists are predicting the Monetary Policy Committee will lift the official cash rate by 25 basis points at 2pm today.
This would take it to 3%.
ASB's Kim Mundy told Mike Hosking we could see further hikes in December and February.
She says the Reserve Bank needs to get settings back to neutral levels sooner rather than later, because we're seeing signs that inflation's starting to stir.
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