Quarterly Economic Forecasts: Journeying through the Alphabet
- In the short term, precautionary behaviour and worker absenteeism through sickness/isolation requirements will be the main economic impacts of the Omicron outbreak
- In the background, inflation pressures will remain strong and labour shortages will persist
- Despite the ongoing pandemic, the OCR is heading towards 2.75% by early 2023
Contact us
Nick Tuffley
ASB Chief Economist
Since starting out in 1997 as an economist, it's fair to say Nick has seen a few hair-raising moments over the years, including the Asian Financial Crisis and the Global Financial Crisis.
One of Nick's strengths is his ability to communicate complex ideas in a readily understandable and entertaining way. He thrives on helping people understand the economic environment to help enrich the quality of their business or personal life. He’s proud to lead a team that has won two Forecast Accuracy Awards from Consensus Economics, and has a strong track record with their Official Cash Rate and dairy price forecasts.
Nick grew up in Christchurch and graduated with a Master of Commerce degree from the University of Canterbury. He learned his economic ropes at the Reserve Bank of New Zealand before a long stint as a Senior Economist at Westpac, and joined ASB as Chief Economist in 2007.
- Email: Nick
