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Podcast: The Front Page
Episode: How much pain will the Official Cash Rate hike cause?
Description: The Reserve Bank has hiked the Official Cash Rate to 5.25%, surprising many economists, politicians and journalists with the increase.  The eleventh consecutive OCR hike comes after the Reserve Bank admitted to deliberately engineering a recession to get on top of inflation.   But how far is the Reserve Bank willing to go? And where does this leave politicians? Today, NZ Herald business editor at large and host of the Money Talks podcast, Liam Dann, joins Georgina Campbell (On the Tiles - Local Edition) to analyse the country’s latest monetary policy moves. Follow...