OCR hikes are now expected to come much faster. 

Economists have been adjusting their forecasts after the Reserve Bank last week said it would take "decisive and timely" action if inflation continued to rise. 

ANZ's gone from forecasting one increase in December to three consecutive increases in July, September, and October. 

Infometrics Principal Economist Brad Olsen told Mike Hosking the Reserve Bank appears to be learning its lessons from the Covid inflation spike. 

He says during that previous shock, the central bank took too long to respond. 

LISTEN ABOVE 

OCR hikes are now expected to come much faster.&nbsp;
Economists have been adjusting their forecasts after the Reserve Bank last week said it would take "decisive and timely" action if inflation continued to rise.&nbsp;
ANZ's gone from forecasting one increase in December to three consecutive increases in July, September, and October.&nbsp;
Infometrics Principal Economist Brad Olsen told Mike Hosking the Reserve Bank appears to be learning its lessons from the Covid inflation spike.&nbsp;
He says during that previous shock, the central bank took too long to respond.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Brad Olsen: Infometrics Principal Economist on OCR hikes looking more likely as inflation spikes become inevitable

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/73fea5c9-c882-4de3-80ea-b42b014b1e49/transcript