Hot labour market expected to cool in months ahead
Unemployment expected to rise as economy slows after repeated OCR hikes.
Kiwibank chief economist Jarrod Kerr speaks with Jonathan Mitchell.
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The RBNZ will deliver another official cash rate hike later this month, according to economists, but whether they stop at 5.5% will depend on one unruly word – inflation.
Yesterday, Stats NZ data showed the unemployment rate remained at 3.4% in the March quarter, the same as the December quarter,
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