Another cut to the Official Cash Rate still looks more likely than not

The Reserve Bank's kept the OCR unchanged at 3.25 percent today, following six consecutive cuts.

It's waiting for more economic data, before further moves.

But Infometrics Principal Economist, Brad Olsen, says the bank's explicitly signalling the chance of more cuts.

He says if things continue as expected, the central bank will have scope for one or two more cuts before the end of this year.