Will the death of cheap labour transform the economy?
News of the money world | Ep 48 | Will the death of cheap labour transform the economy?
Welcome to News of the Money World, a podcast series that we're doing in partnership with NZ Everyday Investor. It's a short, Weekly show, about what’s happening in the finance world and how that affects you, the everyday Kiwi.
Could the potential death of cheap labour mean that inflation could be here for MUCH longer than many market participants believe? And if this is the case, then would higher interest rates not only need to persist for longer, but increase? Listen to Rupert and Darcy discuss all this and more in this latest episode!
Tune in next on Wednesday the 5th of October, at 5:30 pm on the NZ Everyday Investor Facebook page.