24 Nov 2021

RBNZ expected to raise interest rates to tackle economic issues

From First Up, 5:36 am on 24 November 2021

The Reserve Bank is expected to raise interest rates when it delivers its final monetary policy announcement for the year later today Decade high inflation, decade low unemployment, rising wage pressures, and record house prices are seen as compelling reasons for the central bank to press on with the tightening policy started last month. To tell us what this means is Infometrics chief economist Brad Olsen.