The economy is still struggling to gain momentum.  

Infometrics says a lot of the indicators suggest that economic recovery is looking unconvincing.

Chief Forecaster Gareth Kiernan says most have taken the possibility of further Official Cash Rate cuts off the table, and some are forecasting a hike.

He told Mike Hosking that things are improving, but the problem for households in particular is that you’ve been told things are going to get better, but you still have all the cost of living pressures.  

LISTEN ABOVE 

The economy is still struggling to gain momentum. &nbsp;
Infometrics says a lot of the indicators suggest that economic recovery is looking unconvincing.
Chief Forecaster Gareth Kiernan says most have taken the possibility of further Official Cash Rate cuts off the table, and some are forecasting a hike.
He told Mike Hosking that things are improving, but the problem for households in particular is that you’ve been told things are going to get better, but you still have all the cost of living pressures. &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,...

The Mike Hosking Breakfast

Gareth Kiernan: Infometrics Chief Forecaster on the economic recovery looking unconvincing

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/fb289416-9b50-4f39-9bda-b3e10135e843/transcript