Mary Jo Vergara
Mary Jo Vergara is a senior economist at Kiwibank, known for her expertise in monetary policy and economic forecasting. Recently, she has been in the news for advocating for further cuts to the Official Cash Rate (OCR) to stimulate economic recovery in New Zealand, suggesting that the current rate is insufficient to boost the economy effectively.
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New Zealand:
Mary Jo Vergara noted that tradeable inflation was on the rise.
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New Zealand:
Kiwibank’s Mary-Jo Vergara noted that although the market is starting to show an uplift in the last few months, it’s been 'very small, not the trend we would have expected by now'.
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New Zealand:
Mary Jo Vergara is a senior economist at Kiwibank who discussed the need for more rate relief.
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