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Nick Tuffley: ASB Chief Economist ahead of today's OCR announcement

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Manage episode 493353695 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Economists say pausing the OCR could be prudent as we wait to find out more about the state of global trade.

The Reserve Bank will make a call today on whether to cut the Official Cash Rate for a seventh consecutive time or hold it steady at 3.25%.

There's much to consider, including uncertainty about the US tariffs.

ASB Chief Economist Nick Tuffley told Heather du Plessis-Allan we'll have more information next month about inflation and inflation expectations.

He says hopefully all the trade deadlines will be dealt with and we'll have more clarity about what tariffs countries face.

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See omnystudio.com/listener for privacy information.

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7407 episodes

Artwork
iconShare
 
Manage episode 493353695 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Economists say pausing the OCR could be prudent as we wait to find out more about the state of global trade.

The Reserve Bank will make a call today on whether to cut the Official Cash Rate for a seventh consecutive time or hold it steady at 3.25%.

There's much to consider, including uncertainty about the US tariffs.

ASB Chief Economist Nick Tuffley told Heather du Plessis-Allan we'll have more information next month about inflation and inflation expectations.

He says hopefully all the trade deadlines will be dealt with and we'll have more clarity about what tariffs countries face.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7407 episodes

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