Worry is mounting the economy's heading for a harsh landing.
Last year, amid stubbornly rising inflation the Reserve Bank told us it was engineering a minor recession through swift official cash rate rises.
It said too many people were employed and predicted the economy would shrink by 1 percent this year, before returning to growth by the end of 2024.
But ASB's economists believe it'll be worse and expect the economy to contract by 2 percent by early next year, while rising living costs will add another $150/ week to household bills.
Infometrics chief executive Brad Olsen spoke to Katie Scotcher/
