Money Mail 128 - More inflation, more interest rate rises
This week the Reserve bank undercooked their forecast for inflation and it came in at 7.2%. Even bank economists were off the mark - but are we surprised? There had been chat about inflation cooling but we only saw a 0.1% drop from the prior quarter....
Keep The Change · nextAdvisory
October 21, 202223m 48s
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Show Notes
This week the Reserve bank undercooked their forecast for inflation and it came in at 7.2%. Even bank economists were off the mark - but are we surprised? There had been chat about inflation cooling but we only saw a 0.1% drop from the prior quarter. Remember that inflation is going to be here for some time, so we need to understand it and keep an eye on the impact on it for ourselves personally.
Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it.
Find us here:
@keepthechange_nz
https://www.keepthechange.co.nz/
Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it.
Find us here:
@keepthechange_nz
https://www.keepthechange.co.nz/
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