Most economists are forecasting the latest inflation rate to be well within the target band. 

There’s a widespread expectation that it will fall within the 2.2-2.3% range. 

The latest Stats NZ Consumer Price Index number will be released just before 11 this morning.  

As it cut the Official Cash Rate last week, the Reserve Bank said it was confident inflation was now below three percent.  

ANZ chief economist Sharon Zollner told Mike Hosking they're picking another OCR cut in November.  

She says they're picking 50 basis points, but this is a really important check point and there's also labour market data three weeks before that decision. 

LISTEN ABOVE 

Most economists are forecasting the latest inflation rate to be well within the target band.&nbsp;
There’s a widespread expectation that it will fall within the 2.2-2.3% range.&nbsp;
The latest Stats NZ Consumer Price Index number will be released just before 11 this morning. &nbsp;
As it cut the Official Cash Rate last week, the Reserve Bank said it was confident inflation was now below three percent. &nbsp;
ANZ chief economist Sharon Zollner told Mike Hosking they're picking another OCR cut in November. &nbsp;
She says they're picking 50 basis points, but this is a really important check point and there's also labour market data three weeks before that decision.&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

Sharon Zollner: ANZ Chief Economist ahead of the latest Consumer Price Index number release

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7dfaf758-93cf-4f9a-b1e7-b20a014384d5/transcript