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Sharon Zollner: ANZ Chief Economist on the bank forecasting rate cuts for November 2024

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Manage episode 429313677 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

ANZ is the latest major bank to bring their interest rate cut predictions forward as the mood towards the economy changes.

The bank has forecasted a 25 basis point rate cut from the Reserve Bank by November of this year.

ANZ Chief Economist Sharon Zollner says today's dip in inflation shows the tide is turning.

"While it's true that domestic inflation is a smidge higher than the Reserve Bank expected, it looked like it was just technical factors - and the other part of inflation, the important bit, was lower."

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6979 episodes

Artwork
iconShare
 
Manage episode 429313677 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

ANZ is the latest major bank to bring their interest rate cut predictions forward as the mood towards the economy changes.

The bank has forecasted a 25 basis point rate cut from the Reserve Bank by November of this year.

ANZ Chief Economist Sharon Zollner says today's dip in inflation shows the tide is turning.

"While it's true that domestic inflation is a smidge higher than the Reserve Bank expected, it looked like it was just technical factors - and the other part of inflation, the important bit, was lower."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

6979 episodes

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