The Reserve Bank's kept the OCR unchanged at 2.25 percent - and expects it'll stay there for most of this year

One lift is more likely before Christmas than not, but Governor Anna Breman says it's certainly's not guaranteed.

She says they're not planing to hike the OCR until they see more inflationary pressure and a stronger economy.

Finance Minister Nicola Willis says the Government needs to be careful with spending, to not worsen inflation.

She says it's easy for politicians to promise free money on the campaign trail, but all spending affects inflation and interest rates.