Episode 2
Need a reminder on what the OCR is and how inflation works?
Get clear on how the OCR affects you if you have a mortgage or if you are saving – Tim Fairbrother, Financial Planner from RIVAL Wealth breaks down the jargon!
Economy Basics
Host
Carissa Fairbrother – Financial Adviser
About this episode
This quick chat is an easy 8–minute listen to rediscover what the OCR is, how inflation works and its relationship with interest rates in NZ. With record inflation and rising interest rates, folks are going to see pressure on their households, especially at this time of year in the lead up to the festive season. Having an innate understanding of how it all works could help you to understand some of the basics of our economy.
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