John Carran: Investment strategist is concerned NZ's economic outlook isn't taking China seriously
The Mike Hosking Breakfast - A podcast by Newstalk ZB - Sundays
Concern the country's economic outlook isn't taking China seriously. The Official Cash Rate remains unchanged at 5.5 percent. There's a chance the OCR might need to go up soon, due to inflation woes. Meanwhile, the Chinese economy is struggling, with reports the publication of the youth employment rate is now banned. Jarden Investment Strategist John Carran told Mike Hosking interest rates and the high cost of living all weigh on the economy. He says it reflects the fact New Zealand exports are not doing that well in China. LISTEN ABOVE See omnystudio.com/listener for privacy information.