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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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/1e59f290-19c1-41fc-8fce-b45e007e1191/transcript