Full video: Nicola Willis speaks to media after shock OCR call

The Reserve Bank has held the official cash rate at 2.75%, defying expectations of another hike. Source: 1News (Source: Other)

National Party finance spokesperson Nicola Willis is speaking to media in the wake of the Reserve Bank's decision yesterday to hold the official cash rate at 2.75%.

It had been expected the central bank would lift the rate, but it made a 4-3 call to hold it instead, after two previous hikes in July and September.

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