The Reserve Bank kept the OCR at 2.25% … but the real story was hidden inside the forecasts.

In this episode, Ed and Andrew unpack the Reserve Bank’s latest projections for inflation, the OCR, unemployment, and house prices – including why interest rates could rise faster than previously expected.

You’ll learn:

What the Reserve Bank announced
Interest rate predictions … and how expensive your mortgage could get
When the Reserve Bank thinks the price of petrol will get back to normal.

The big question now? If inflation keeps rising because of global oil prices – while New Zealand’s economy stays weak – what exactly is the Reserve Bank supposed to do next?

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