July rate hike builds momentum as inflation lingers
But Kiwibank chief economist Jarrod Kerr warns the RBNZ is risking a lot to gain a little.
WATCH: Forsyth Barr investment strategist Zoe Wallis speaks with senior journalist Jono Mitchell.
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July looks to be an appropriate opportunity for the Reserve Bank to start rate hikes as the Iran war drags on and inflation pressures bubble over the desired target level, economists say.
Yesterday, the Monetary Policy Committee held the official cash rate at 2.25% after a 3-3 vote saw all external
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