Mark Smith: ASB Senior Economist Ahead Of Today's Employment Data Release Early Edition With Ryan Bridge podcast

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.

Early Edition with Ryan Bridge »
Mark Smith: ASB Senior Economist ahead of today's employment data release

7m ago 3:47

MP3•Episode home

The Reserve Bank will be keeping a close eye on this morning's employment data as it mulls over next week's Official Cash Rate decision.

Most economists expect the unemployment rate will rise.

But they're now divided on whether the central bank will cut the OCR next week, next month, or in November.

ASB senior economist Mark Smith told Ryan Bridge this morning's data should give them a steer on how inflation is tracking.

He says as the unemployment rate rises and wage growth slows, inflation is likely to come down, meaning interest rates need to come down as well.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

2973 episodes

#New Zealand Current Affairs #NZME #Newstalk ZB #News #New Zealand