The Reserve Bank is set to make another Monetary Policy Statement on Wednesday, and experts have predicted another 25-basis-point cut.

The cut, priced in by financial markets and widely expected by economists, would take the OCR to 3.25 percent.

Despite this, Kiwibank chief economist Jarrod Kerr believes the Reserve Bank should cut the cash rate down to 3 percent - saying the economy needs stimulus.

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The Reserve Bank is set to make another Monetary Policy Statement on Wednesday, and experts have predicted another 25-basis-point cut.
The cut, priced in by financial markets and widely expected by economists, would take the OCR to 3.25 percent.
Despite this, Kiwibank chief economist Jarrod Kerr believes the Reserve Bank should cut the cash rate down to 3 percent - saying the economy needs stimulus.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jarrod Kerr: Kiwibank chief economist ahead of the next OCR announcement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/af4e4117-816e-427b-bdb3-b2e90080e7a8/transcript

The Wattie's restructure is likely to have a significant economic impact, where more people could be affected by the shutdown. 

Heinz Wattie's has proposed closing manufacturing facilities in Auckland, Christchurch and Dunedin, and a Hastings packing facility - impacting about 350 jobs. 

The Country's Jamie Mackay explained how the farmers and growers could be affected by this change. 

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The Wattie's restructure is likely to have a significant economic impact, where more people could be affected by the shutdown.&nbsp;
Heinz Wattie's has proposed closing manufacturing facilities in Auckland, Christchurch and Dunedin, and a Hastings packing facility - impacting about 350 jobs.&nbsp;
The Country's Jamie Mackay explained how the farmers and growers could be affected by this change.&nbsp;
LISTEN ABOVE

Jamie Mackay: The Country host explains the impact the Wattie’s closure could have on farmers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/42e8c6db-48fd-4b28-9941-b412006c114b/transcript

Former Reserve Bank economist Michael Reddell says it's getting harder to know how much the economy's growing or shrinking.

Stats NZ estimates GDP rose 0.2 percent in the December quarter, below most forecasts.

But Reddell says it's also revised the figures for previous quarters.

He says the 0.2 for December could still potentially be revised up as high as 0.5 percent, or as low as minus 0.1.

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Former Reserve Bank economist Michael Reddell says it's getting harder to know how much the economy's growing or shrinking.
Stats NZ estimates GDP rose 0.2 percent in the December quarter, below most forecasts.
But Reddell says it's also revised the figures for previous quarters.
He says the 0.2 for December could still potentially be revised up as high as 0.5 percent, or as low as minus 0.1.
LISTEN ABOVE

Michael Reddell: former Reserve Bank economist on the state of the economy following recent GDP figures

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8fa6bdd8-f226-474f-9897-b412004d5fd5/transcript

The conflict in the Middle East is continuing on for another week, and it's got experts concerned about the economic impacts.

Iran's blocking shipping in retaliation for the US and Israel bombardment - sending oil prices spiking.

Milford Asset Management expert Michael Luke explained how markets have continued to drop.

LISTEN ABOVE

The conflict in the Middle East is continuing on for another week, and it's got experts concerned about the economic impacts.
Iran's blocking shipping in retaliation for the US and Israel bombardment - sending oil prices spiking.
Milford Asset Management expert Michael Luke explained how markets have continued to drop.
LISTEN ABOVE

Michael Luke: Milford Asset Management expert on the impacts of the ongoing conflict in Iran

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/cef2e4a7-5c04-4729-876d-b41100761db5/transcript

Jarrod Kerr: Kiwibank chief economist ahead of the next OCR announcement

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