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Economics
4 mins to read

Labour market remains tight, whopper RBNZ hike expected

The chorus sings louder for a 75bp OCR hike this month.

CTU economist Craig Renney speaks with Jonathan Mitchell.

The Reserve Bank may deliver a more exotic rate hike this month, solidified by today’s labour market and wage inflation data, according to analysts.

Stats NZ data showed the unemployment rate remained unchanged at 3.3% in the September quarter, which missed expectations by economists, who were

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Jonathan Mitchell Wed, 02 Nov 2022
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Labour market remains tight, whopper RBNZ hike expected
Economics,
96430
true