An interest rate bludgeoning
from When the Facts Change Hosted by The Spinoff
The Reserve Bank warned this week of high interest rates and high inflation for even longer, with sticky rental, rates and insurance inflation all partly to blame. Kiwibank chief economist Jarrod Kerr joins Bernard Hickey to discuss the how blunt our central bank's main monetary policy tool can be, and the developing opinion that high interest rates actually increase, rather than decrease, the inflation.
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This episode is 27 minutes long.
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This episode was published on May 23, 2024.
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