Gareth Kiernan: Infometrics Chief Forecaster on easing inflationary pressues
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
Infometrics has revised its expectations for economic growth next year upwards.
It now predicts year-end growth at 0.9%.
Inflation data out this week also shows inflationary pressures were easing more than had been expected.
Chief forecaster Gareth Kiernan told Mike Hosking that they’re looking at a soft landing.
He said that growth is holding up and inflation is slowing in line with what the Reserve Bank would be hoping for, so there would be little need to increase interest rates further.
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