Originally Posted by
LaserEyeKiwi
Do you have a link? Would seem to imply that the reserve bank aren’t going to be as aggressive as expected with OCR lifts if they expect economy to falter.
Personally I don’t see why retail spending would be any less this Xmas than last - level 2 for retail isn’t that different from level 3.
The real impact from level 2 is on the events industry (which basically remains shutdown) and to a lesser extent restaurants/bars (although they are pretty much full down here in Welly).