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Nick Goodall

๐Ÿ‘ค Speaker
2177 total appearances
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Podcast Appearances

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Exactly.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Yeah.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

How much can they quell the market?

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Right.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Because I've seen today that those I think you mentioned it earlier as well, that those two year swap rates and other swap rates have gone up.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

And so the banks are pricing in those increases to the OCR sooner rather than later.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

You know, can they force those back down again?

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I don't know from a speech or otherwise.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Or, you know, will they not be able to do much until they republish forecasts in May?

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

And, you know, if they are a lot more different to the rest of the economists and the market's pricing, then maybe that can have an impact.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

But otherwise, yeah, it's hard not to see, you know, those interest rates continuing to grow, forecasts of the official cash rate to rise sooner rather than later.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I'm not saying it's going to happen in April or in May, but certainly it's bringing that forward from maybe not just November, but further forward.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

But again, so much to balance up there with the economy as well.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So we'll wait and see on that one.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Certainly, yeah, pay attention to that tomorrow afternoon and

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

And I'm sure, you know, it'll be covered next week's podcast.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I do have to mention that I won't be in the podcast next week.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I've been called up for jury duty.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So I know you're going to call in our chief economist from Australia, who's pretty good in the global impact side of things, too.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So I'm sure the great chat on everything about that and some of the local things, too.