In this insightful discussion, Jarrod Kerr, Chief Economist at Kiwibank, delves into New Zealand's precarious economic situation. He debates whether the Reserve Bank should accelerate monetary policy shifts amidst recession recovery. Kerr highlights the challenges of rising mortgage rates and local funding needs while addressing the impacts of cash rate cuts on housing and inflation. He also shares optimism about emerging consumer spending trends and the potential for a positive economic turnaround despite global uncertainties.

Kiwibank Chief Economist Jarrod Kerr shares his expertise on New Zealand's economic future, spotlighting the impact of recent inflation data and interest rate cuts. He discusses shifts in consumer confidence, the complex dynamics of inflation, and its influence on housing markets. Jarrod also highlights the pressing challenges of housing affordability and the current economic landscape, while projecting a positive outlook for growth and recovery leading up to 2025. A must-listen for economic insights!