NZIER's Christina Leung on the RBNZ Decision

The video discusses the impact of global and domestic factors on the economy, focusing on the Reserve Bank of New Zealand's (RBNZ) monetary policy decisions. It highlights the effects of interest rates on inflation, housing market, and currency fluctuations. The video also examines labor market constraints and wage pressures, emphasizing the need for further interest rate increases to manage inflation.

How do higher interest rates impact demand in the economy according to the text?

What factors are contributing to the current inflation pressures in New Zealand?

What are the expected changes in the Official Cash Rate (OCR) by the Reserve Bank in the upcoming meeting?

What is the primary goal of the Reserve Bank of New Zealand (RBNZ) regarding inflation?

How has the housing market been affected by the changes in interest rates?

What role does the exchange rate play in influencing inflation according to the text?

What are the implications of labor market tightness on wage growth in New Zealand?