David Hargreaves

Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party

Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party

Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government

Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government

Latest 'consensus' economists' forecasts released by the NZIER show a substantial deterioration in the past three months of how the economists view prospects - particularly in three years' time

Latest 'consensus' economists' forecasts released by the NZIER show a substantial deterioration in the past three months of how the economists view prospects - particularly in three years' time

Figures to be released in the coming week will show the economy has continued to grow quite strongly. The Reserve Bank's attempts to 'engineer' a recession are still very much in the future yet

Figures to be released in the coming week will show the economy has continued to grow quite strongly. The Reserve Bank's attempts to 'engineer' a recession are still very much in the future yet

David Hargreaves appreciates that the Reserve Bank is trying to do the right thing with its cautious approach to cryptoassets and CBDCs, but reckons some hard deadlines need setting soon

David Hargreaves appreciates that the Reserve Bank is trying to do the right thing with its cautious approach to cryptoassets and CBDCs, but reckons some hard deadlines need setting soon

Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets

Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets

Kiwibank economists say the RBNZ is 'doggedly determined to deliver' OCR hikes and it is 'likely to be too much'; see bigger house price falls now, of 21%, taking prices back to 2020 levels

Kiwibank economists say the RBNZ is 'doggedly determined to deliver' OCR hikes and it is 'likely to be too much'; see bigger house price falls now, of 21%, taking prices back to 2020 levels

David Hargreaves continues to highlight some of the issues he’s looking out for in 2023 and says that while he hates elections, he concedes that next year's one will be crucial

David Hargreaves continues to highlight some of the issues he’s looking out for in 2023 and says that while he hates elections, he concedes that next year's one will be crucial

David Hargreaves highlights some of the issues he's looking out for in 2023. There are a lot of them, so, this is going to be part I of a two-parter

David Hargreaves highlights some of the issues he's looking out for in 2023. There are a lot of them, so, this is going to be part I of a two-parter

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015

Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015

ANZ chief economist Sharon Zollner says 'good on' the Reserve Bank for recognising the scale of the inflation problem 'and fronting up to the fact that hoping inflation just goes away is likely to lead to worse outcomes in the end'

ANZ chief economist Sharon Zollner says 'good on' the Reserve Bank for recognising the scale of the inflation problem 'and fronting up to the fact that hoping inflation just goes away is likely to lead to worse outcomes in the end'

Latest ANZ Business Outlook Survey shows a sharp drop in confidence and own activity readings, while sentiment in the residential construction sector has 'tanked' and 'could hardly be lower'

Latest ANZ Business Outlook Survey shows a sharp drop in confidence and own activity readings, while sentiment in the residential construction sector has 'tanked' and 'could hardly be lower'

Kiwibank economists believe the interest rate hikes that have already been delivered will have a huge impact on households and discretionary income will evaporate for many mortgagees

Kiwibank economists believe the interest rate hikes that have already been delivered will have a huge impact on households and discretionary income will evaporate for many mortgagees

RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014

RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014

Reserve Bank Governor says the central bank is sorry that New Zealanders are being buffeted by significant shocks and inflation is above target; inflation is no one’s friend and causes economic costs

Reserve Bank Governor says the central bank is sorry that New Zealanders are being buffeted by significant shocks and inflation is above target; inflation is no one’s friend and causes economic costs

Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'

Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'

The Reserve Bank’s going for broke. Hopefully we won’t be the ones going broke

The Reserve Bank’s going for broke. Hopefully we won’t be the ones going broke

Reserve Bank raises Official Cash Rate to a level not seen since 2008; now sees OCR peaking at 5.5% and holding there for a year; forecasting a RECESSION from mid-2023

Reserve Bank raises Official Cash Rate to a level not seen since 2008; now sees OCR peaking at 5.5% and holding there for a year; forecasting a RECESSION from mid-2023

David Hargreaves examines the coming week's Reserve Bank Official Cash Rate review, the last such review for three months. And it's a crucial one

David Hargreaves examines the coming week's Reserve Bank Official Cash Rate review, the last such review for three months. And it's a crucial one

Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years

Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years

BNZ economists say they think the Reserve Bank would 'prefer' to hike the OCR by just 50 basis points rather than the 75 that is widely expected in the markets

BNZ economists say they think the Reserve Bank would 'prefer' to hike the OCR by just 50 basis points rather than the 75 that is widely expected in the markets

It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say

It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say

Reserve Bank five year review - 'report card' of monetary policy finds that easing in policy during the pandemic was 'warranted and worst-case economic scenarios were avoided'; funding for lending programme 'could have been designed with more flexibility'

Reserve Bank five year review - 'report card' of monetary policy finds that easing in policy during the pandemic was 'warranted and worst-case economic scenarios were avoided'; funding for lending programme 'could have been designed with more flexibility'

In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become

In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become

David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy

David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy