Forsyth Barr investment strategist Zoe Wallis joined Ryan Bridge to discuss how global inflation trends and tariffs are shaping the economic outlook. Wallis said US inflation is expected to hit 2.6% as tariff-driven price increases begin to flow through after months of stockpiling. She also noted that while Chinese retail spending is picking up, factory output remains weak – and with US-China tariffs set to rise again in August, global uncertainty persists. For New Zealand, Wallis emphasised China’s vital role in driving export growth.

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