Summer reading for Jan 13
Bascand exits early after “unauthorised release” of RBNZ revamp to third party; US inflation hits 7%, but markets calm as rise was forecast; Aotearoa-NZ living on borrowed time before omicron hits
TLDR: As hospital systems are swamped in the US and Australia with record numbers of omicron cases, Aotearoa-NZ continues to live on borrowed time. But Michael Baker thinks an omicron outbreak here is inevitable and not far away. He wants a return to lockdowns and the ‘levels’ system to cope.
Elsewhere, US inflation hit 7% overnight, but markets are rela…
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