Best of Business

Jarrod Kerr: Kiwibank Chief Economist surprised the Reserve Bank kept the OCR in place at 5.5 percent

16 Aug 2023

Audio

Description

The Reserve Bank has signalled it wants interest rates to stay unchanged for some time. It's kept the Official Cash Rate at 5.5 percent, matching predictions. But Kiwibank Chief Economist Jarrod Kerr says he's surprised, because the RBNZ seems more concerned about inflation than Kiwibank is. "I think they came out with a very strong message that we want to keep wholesale rates high, we want to keep lending rates high, to be absolutely certain that inflation will return to target." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes

🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Other recent transcribed episodes

Transcribed and ready to explore now

3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

13:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

Comments

There are no comments yet.

Please log in to write the first comment.

Report any issue

Best of Business

Jarrod Kerr: Kiwibank Chief Economist surprised the Reserve Bank kept the OCR in place at 5.5 percent

This episode hasn't been transcribed yet

Other recent transcribed episodes

3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

13:00H | 21 DIC 2025 | Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

Sign in to Audioscrape

Share this moment