Hot labour market expected to cool in months ahead
Unemployment expected to rise as economy slows after repeated OCR hikes.
Kiwibank chief economist Jarrod Kerr speaks with Jonathan Mitchell.
The RBNZ will deliver another official cash rate hike later this month, according to economists, but whether they stop at 5.5% will depend on one unruly word – inflation.
Yesterday, Stats NZ data showed the unemployment rate remained at 3.4% in the March quarter, the same as the December quarter,
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