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Will we see a rate cut from the Reserve Bank this year?
Manage episode 427174237 series 2895797
Bernard Hickey goes hunting for the Reserve Bank’s first rate cut in a discussion with Kiwibank economist Sabrina Delgado. It was supposed to be this year, especially now that the economy appears mired in a multi-dip recession with higher unemployment - but sticky local inflation has held the RBNZ back. Now, however, it is forecasting a rate cut in August 2025 at the earliest. Sabrina explains why she disagrees, why the central bank should be able to cut as early as November, and what that’ll mean for the housing market.
Learn more about your ad choices. Visit megaphone.fm/adchoices
195 قسمت
Manage episode 427174237 series 2895797
Bernard Hickey goes hunting for the Reserve Bank’s first rate cut in a discussion with Kiwibank economist Sabrina Delgado. It was supposed to be this year, especially now that the economy appears mired in a multi-dip recession with higher unemployment - but sticky local inflation has held the RBNZ back. Now, however, it is forecasting a rate cut in August 2025 at the earliest. Sabrina explains why she disagrees, why the central bank should be able to cut as early as November, and what that’ll mean for the housing market.
Learn more about your ad choices. Visit megaphone.fm/adchoices
195 قسمت
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