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	Podcast:		Checkpoint
	Episode:		Inflation and unemployment forceast to rise
	Category:		News & Politics
	Duration:		00:09:01
	Publish Date:		2025-08-20 05:08:00
	Description:		The Reserve Bank's economic report card is out. Wholesale interest rates dropped 25 basis points to 3%, but inflation us expected to rise to 3% in September and hit its 2% sweet spot until mid next year. Unemployment is also expected to grow, according to reserve bank forcasts the unemployment rate won't get below 5% until December 2026. Kiwibank chief economist Jarrod Kerr spoke to Lisa Owen.
	Total Play:		0