Experts are predicting there will be another Official Cash Rate (OCR) rise today.
It's not news people who are due to fix a home loan will be wanting to hear, with the cost of borrowing already high.
ANZ's chief economist Sharon Zollner's pick is the OCR will rise 25 basis points to 5.5% at the 2pm announcement. She said it's unlikely to peak there.
"We are forecasting now that the Reserve Bank won't be done now, which was our forecast, but they will hike at least one more time," Zollner said.
"So it does appear that their plan to 'watch, worry and wait' at the point at which they are comfortable doing that keeps getting pushed out."
Some economists have, however, instead forecasted a 50 basis points rise today.
Institute of Economic Research principal economist Christina Leung told Breakfast that they were expecting a 0.25% rise, but that there differing opinions on that.
"There are a wide range of views out there," she said.
"Over the past week, we've had firstly, the stronger-than-expected net migration figures, and also a Budget that was viewed as more expansionary for the New Zealand economy.
"Now, these things are seen to be adding to inflation pressures in the economy. So with the Reserve Bank, having talked so tough on inflation, expectations are that perhaps they'll decide to crank up interest rates that bit more in order to dampen down demand."
'Cranking up' interest rates
Leung explained the other pressures affecting New Zealand as compared to other major economies.
"The more we're cranking up interest rates more than other major economies, it does make it much more attractive for investors to be parking their money here in New Zealand. So that tends to push up the dollar," the economist said.
"Now, what that will means for our economy is that you do tend to see imports become a bit cheaper. You see that comes through, for example, in petrol prices at the pump.
"But what it also means is that — for exporters, they become less competitive in the market. They tend to get less in terms of the goods and services that they sell overseas."
However, it's not all bad news as anyone who is lucky enough to have a bit of a nest egg will be slightly happier, as their savings will likely earn them more if rates rise again.
But with inflation still high that extra money might not be quite enough to take the sting out of the higher cost of living.
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