Sharon Zollner: ANZ Chief Economist on what rising inflation means for OCR
The Mike Hosking Breakfast · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Rising inflation is hitting low-income households hard, but is expected to spark hikes to the OCR.
New data -- due out from Stats NZ this morning -- is expected to show inflation has risen to between 2.6 and 2.9 percent in the year to June.
ANZ Chief Economist Sharon Zollner says households are facing rising energy and food prices.
She says inflation could surpass three percent in the year to September, but the Reserve Bank isn't likely to change course.
LISTEN HERE
See omnystudio.com/listener for privacy information.