An immediate change in mortgage rates from next week’s Reserve Bank review is unlikely, with Westpac chief economist Kelly Eckhold expecting the official cash rate (OCR) to be kept at 2.25% on 8 April. Westpac says the bank is unlikely to “respond in a knee-jerk manner to a near-term oil-driven lift in inflation”, instead using the April meeting to reinforce its medium‑term approach as it weighs the US–Israel war on Iran, higher energy costs, and a still‑soft domestic economy. [...]