Published on 24 May 2024

The Reserve Bank of New Zealand – Te Pūtea Matua warned in May 2024 of high interest rates and high inflation for even longer, with sticky rental, rates and insurance inflation all partly to blame. Our Chief Economist Jarrod Kerr joins Bernard Hickey on his podcast When the Facts Change to discuss how blunt our central bank's main monetary policy tool can be and the developing opinion that high interest rates increase, rather than decrease, inflation.

jarrod_kerr

Jarrod Kerr

Chief Economist

What does this mean for inflation and interest rates?

Jarrod kerr 2024 when facts change