What’s at stake:Whether the RBNZ needs to hike the official cash rate again in 2024 because of stubborn inflation pressures.
Background: Stats NZ data out last month showed inflation fell to 4.7% in the year to December. The central bank kept the OCR at 5.5% in November. But it said it had a ‘willingness’ to hike again, if needed, this year.
Key players: RBNZ, Adrian Orr, Paul Conway, Salt Funds Management, Bevan Graham, Kiwibank, Jarrod Kerr, ASB, Kim Mundy.
Inflation remains an unwanted thief in the back pocket of businesses and consumers – and, despite steady progress being made, economists warn about upside pressures around the world this year.
Stats NZ data out last month showed inflation in the year ended December 31 fell to 4.7%. That compared
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What’s at stake:Whether the RBNZ needs to hike the official cash rate again in 2024 because of stubborn inflation pressures.
Background: Stats NZ data out last month showed inflation fell to 4.7% in the year to December. The central bank kept the OCR at 5.5% in November. But it said it had a ‘willingness’ to hike again, if needed, this year.
Key players: RBNZ, Adrian Orr, Paul Conway, Salt Funds Management, Bevan Graham, Kiwibank, Jarrod Kerr, ASB, Kim Mundy.
