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In this episode Nick and Kelvin discuss the recent monetary policy review by the Reserve Bank, focusing on the decision to hold the Official Cash Rate (OCR) at 3.25%. They analyse the implications of this decision on inflation expectations, economic recovery, and the housing market.
The conversation highlights the unanimous decision of the Reserve Bank, the anticipated cuts in the future, and the cautious optimism regarding New Zealand's economic recovery driven by strong export prices and lower mortgage rates.
They also touch on the current state of the housing market and the potential impacts of economic uncertainty on consumer behaviour.
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On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
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