'With every rate rise the chance of a recession increases' - Interest.co.nz
5/28/2022 12:00:00 AM2 years 11 months ago
Kiwibank Chief Economist Jarrod Kerr on why he expects the OCR to be hiked another 100 basis points by August, but why the RBNZ doesn't need to go as high as its 4% OCR forecast
With the Reserve Bank (RBNZ) talking tough about fighting the highest inflation in 30-years, 50 basis points Official Cash Rate (OCR) increases at the next two OCR reviews are probably already locked… [+3794 chars]
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