A former Reserve Bank economist says while inflation is falling, it's still terrible. 

CPI rose 5.6% in the year to September, down from 6% in the year to June. 

Michael Reddell says he hasn't seen anything which would give him confidence the Reserve Bank is trending towards the 2% target. 

He told Mike Hosking that the Reserve Bank shouldn't put a pause on OCR hikes. 

Reddell says they should have raised it last month and should raise it in November.

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A former Reserve Bank economist says while inflation is falling, it's still terrible.  
CPI rose 5.6% in the year to September, down from 6% in the year to June.  
Michael Reddell says he hasn't seen anything which would give him confidence the Reserve Bank is trending towards the 2% target.  
He told Mike Hosking that the Reserve Bank shouldn't put a pause on OCR hikes.  
Reddell says they should have raised it last month and should raise it in November. 
LISTEN ABOVE

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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,...