Satish Ranchhod: Westpac Senior Economist thinks there won't be a recession, but growth will be slow
Early Edition with Ryan Bridge · Newstalk ZB
August 25, 20222m 52s
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Show Notes
Doom and gloom is on the economic horizon.
Higher interest rates, lower spending and low population growth are all pointing towards a higher chance of recession for the first two quarters of the year.
Westpac Senior Economist Satish Ranchhod says while he thinks there won't be a recession, our growth will be soft.
He told Kate Hawkesby he's expecting a pretty weak end to the year in retail spending.
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Topics
BusinessRecession