We may have slain the inflation dragon
Kiwibank economist Mary Jo Vergara joins Bernard Hickey to address the inflation figures released this week by Stats NZ. Where is annual inflation at now, and where will it end up by the end of the year?
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Show Notes
Softer-than-expected inflation figures this week suggest the inflation dragon - the one that savaged real wages and borrowing costs for the last three years - may have finally been shoved back in it's cave. Kiwibank's Mary Jo Vergara joins the podcast to discuss what that means going forward for interest rates in our housing-market-with-bits-tacked-on economy. Markets are now saying that the Reserve Bank could now cut the Official Cash Rate by the end of this year, but how many cuts can we hope for? Listen in to find out.
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