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Today's RBNZ update leaves us comfortable for now with our forecast of a first policy easing in February next year, followed by only gradual policy easing thereafter. Future inflation data will be key in driving our OCR view with the risk that easing comes later than currently expected.
Business Scoop provides news and views on Business and Markets from New Zealand
Westpac has just released its latest Economic Overview. Overall growth outlook “2024 looks set to be a year where households and businesses hunker down, and where the Reserve Bank stays the course by maintaining high interest rates to ensure inflation ...
Both opportunities and challenges lie ahead for the real estate sector.
According to DeWeaver Iraq, which has enormous untapped, low-cost oil reserves, is recovering from a civil war, is in the midst of a transition from a state-controlled economy to a market economy, and where there is excess demand for just about everything