The Reserve Bank's continuing to walk a fine line, with its move to cut the OCR 50-basis points to 2.5%. 

Economic data suggests inflation has now hit 3%. 

Finance Minister Nicola Willis is blaming rising rates, saying they’re having a disproportionate impact on overall inflation, whereas other sectors are stabilising. 

NZ Herald Business Editor Liam Dann told Kerre Woodham we almost seem to be in a self-fulfilling negative spiral. 

He says we should be feeling better, but we aren't, and then we start questioning ourselves and the economy. 

LISTEN ABOVE 

The Reserve Bank's continuing to walk a fine line, with its move to cut the OCR 50-basis points to 2.5%.&nbsp;
Economic data suggests inflation has now hit 3%.&nbsp;
Finance Minister Nicola Willis is blaming rising rates, saying they’re having a disproportionate impact on overall inflation, whereas other sectors are stabilising.&nbsp;
NZ Herald Business Editor Liam Dann told Kerre Woodham we almost seem to be in a self-fulfilling negative spiral.&nbsp;
He says we should be feeling better, but we aren't, and then we start questioning ourselves and the economy.&nbsp;
LISTEN ABOVE&nbsp;

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Kerre Woodham Mornings Podcast

Liam Dann: NZ Herald Business Editor on the OCR cut, inflation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c3db7ee0-7b4c-4bd0-9331-b37100105143/transcript

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