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Rate cut predictions 'too much, too soon' warns economist

Author
Newstalk ZB,
Publish Date
Wed, 31 Jan 2024, 8:12PM
 Photo / Mark Mitchell
Photo / Mark Mitchell

Rate cut predictions 'too much, too soon' warns economist

Author
Newstalk ZB,
Publish Date
Wed, 31 Jan 2024, 8:12PM

The holidays have wound down and central banks are back in action- what can people expect for the new year?

2023 was dominated by rate hikes to curb rampant inflation generated by the Covid-19 pandemic, and now the focus has turned to the prospect of cuts.

Milford Asset Management's Katlyn Parker says there's a risk the market is expecting too much too soon, as inflation is still sticky.

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