Gareth Kiernan: Infometrics Chief Forecaster hopeful the Reserve Bank will cut rates in February

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded22 Jan 2025

Publisheromnycontent.com ↗

Handlerec:7247043

Show notes

Confidence another substantial Official Cash Rate cut's on the cards, with today's figures showing inflation is still under control. Stats NZ says the rate for the year to December remained unchanged at 2.2 percent. Inflation is well down from the 2022 high of 7.3 percent, but still higher than the 1.5 percent reached in 2021. Infometrics Chief Forecaster Gareth Kiernan says he's confident the Reserve Bank will slice 50 basis points from the OCR in February. "Non-tradeable inflation is still coming down - there's risks on the tradeable side, but I don't think there's enough there to sway the Reserve Bank towards going with a smaller 25 point cut." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.