Podcasts Other The Mike Hosking Breakfast John Carran: Investment strategist is concerned NZ's economic outlook isn't taking China seriously

John Carran: Investment strategist is concerned NZ's economic outlook isn't taking China seriously

Published: Aug. 16, 2023, 7:55 p.m.

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Concern the country\'s economic outlook isn\'t taking China seriously.

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The Official Cash Rate remains unchanged at 5.5 percent.

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There\'s a chance the OCR might need to go up soon, due to inflation woes.

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Meanwhile, the Chinese economy is struggling, with reports the publication of the youth employment rate is now banned.

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Jarden Investment Strategist John Carran told Mike Hosking interest rates and the high cost of living all weigh on the economy.

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He says it reflects the fact New Zealand exports are not doing that well in China.

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