Unemployment rose less than expected in the September quarter – from 4.6% to 4.8%. 

This comes slightly below the financial market expectation of 5%.  

Infometrics CEO and Principal Economist Brad Olsen tells Heather du Plessis-Allan there are still a lot of challenges.  

Olsen believes this does not affect any hope of a 75 basis point cut but does create a significant dampener. 

LISTEN ABOVE 

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. 

Unemployment rose less than expected in the September quarter – from 4.6% to 4.8%. 
This comes slightly below the financial market expectation of 5%.  
Infometrics CEO and Principal Economist Brad Olsen tells Heather du Plessis-Allan there are still a lot of challenges.  
Olsen believes this does not affect any hope of a 75 basis point cut but does create a significant dampener. 
LISTEN ABOVE 
The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Brad Olsen: Infometrics Principal Economist on unemployment rising less than expected

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e4abb98a-b27b-4c95-80b5-b2200144f650/transcript