'Meh' - Q2 labour market stats reaction
The NZ Property Market Podcast - En podcast av CoreLogic NZ
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Send us a question/idea/opinion direct via text message! In this quick podcast Nick and Kelvin give their reaction to the just-released Labour Market stats for Q2. Nick reckons they're pretty 'meh' and Kelvin's take is that it probably reduces the chance of a cut to the OCR, as some bank economists have called for, next week. Recent volatility across global financial markets, particularly Japan, has thrown a bit of a spanner in the works, but ultimately we expect the RBNZ to hold the li...