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Podcast: Canterbury Mornings with John MacDonald
Episode: John MacDonald: Spend more money? Tell him he's dreaming
Description: How do you feel about being told you need to spend more money? That’s what the Reserve Bank’s chief economist wants you to do. As expected, the bank’s governor announced yesterday that there would be no change in the official cash rate because the bank doesn’t want to do anything that could put the brakes on the economic recovery. Which some people are feeling the benefits of, while others aren’t. Which the Reserve Bank describes as an uneven recovery. Meaning we’re still in for a bit of a haul befor...