Wakeup call: US inflation hits 8.5%

Wakeup call: US inflation hits 8.5%
NZ's Reserve Bank is poised to hike the key interest rate today. (Image: BusinessDesk)
Bernard Hickey
Fresh on BusinessDesk this morningRebecca Howard previews whether the Reserve Bank will hike the official cash rate by 25 basis points or 50 bps at 2pm.David Chaplin writes his weekly column about theme funds.Brent Melville interviews property developer Nigel McKenna.Jenny Ruth reports KPMG saying a number of the businesses it has been appointed to as liquidator received a range of government and other financial lifelines despite being already heavily indebted.Oliver Lewis reports the Ministry for Pr...