Higher mortgage rates have given the Reserve Bank a 'bit of breathing space', its chief economist says.

Paul Conway, one of the Reserve Bank committee members who voted to keep the OCR on hold last week, said the market is doing some of the work for the central bank.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

LISTEN ABOVE

Higher mortgage rates have given the Reserve Bank a 'bit of breathing space', its chief economist says.
Paul Conway, one of the Reserve Bank committee members who voted to keep the OCR on hold last week, said the market is doing some of the work for the central bank.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
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

Jenee Tibshraeny: NZ Herald Wellington business editor on why the Reserve Bank left the OCR on hold

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a3d266c3-69e3-402d-91c0-b45e007e1b1e/transcript