Search

Home > Heather du Plessis-Allan Drive > Jenee Tibshraeny: NZ Herald Wellington business editor explains the OCR hike and what it means for financial markets
Podcast: Heather du Plessis-Allan Drive
Episode:

Jenee Tibshraeny: NZ Herald Wellington business editor explains the OCR hike and what it means for financial markets
Category: News & Politics
Duration: 00:03:25
Publish Date: 2022-11-23 07:56:31
Description:

The Reserve Bank officially announced that the OCR is going up by a further 75 basis points to 4.25 percent, the highest level since 2008. 

Jenee Tibshraeny, NZ Herald Wellington business editor says that this news isn't surprising, but this rate hike may not even be the worst of it.

Jenee Tibshraeny says that the financial markets were more shocked by the lack of growth potential paired with the rate hike, and the fact that it could lead to a recession by next year.

LISTEN ABOVE

 

See omnystudio.com/listener for privacy information.
Total Play: 0

Some more Podcasts by NZME

2K+ Episodes
The Country     2
40+ Episodes
Chasing Ghos ..    
5K+ Episodes
The Country     3
40+ Episodes
Chasing Ghos ..    
2K+ Episodes
The Mike Hos ..     1
1K+ Episodes
Early Editio ..     3
80+ Episodes
The Muster o ..    
400+ Episodes
The Leighton ..     2