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Liam Dann: NZ Herald Business Editor on the OCR cut, inflation

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Manage episode 512471500 series 3391555
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Reserve Bank's continuing to walk a fine line, with its move to cut the OCR 50-basis points to 2.5%.

Economic data suggests inflation has now hit 3%.

Finance Minister Nicola Willis is blaming rising rates, saying they’re having a disproportionate impact on overall inflation, whereas other sectors are stabilising.

NZ Herald Business Editor Liam Dann told Kerre Woodham we almost seem to be in a self-fulfilling negative spiral.

He says we should be feeling better, but we aren't, and then we start questioning ourselves and the economy.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

1745 episodes

Artwork
iconShare
 
Manage episode 512471500 series 3391555
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Reserve Bank's continuing to walk a fine line, with its move to cut the OCR 50-basis points to 2.5%.

Economic data suggests inflation has now hit 3%.

Finance Minister Nicola Willis is blaming rising rates, saying they’re having a disproportionate impact on overall inflation, whereas other sectors are stabilising.

NZ Herald Business Editor Liam Dann told Kerre Woodham we almost seem to be in a self-fulfilling negative spiral.

He says we should be feeling better, but we aren't, and then we start questioning ourselves and the economy.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

1745 episodes

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