What’s at stake: New Zealand’s recovery from recession and long-term economic outlook.
Background: The RBNZ has delivered multiple cuts to the official cash rate and signalled more to come this year.
Main players: NZIER, Christina Leung, Kiwibank, Jarrod Kerr, Edward Miller, the Government, Nicola Willis, Christopher Luxon.
The Reserve Bank was too late to start cutting the official cash rate and should get to a neutral level as quickly as possible to provide relief to businesses, NBR’s Dollars & Sense panel says.
The central bank delivered another 50 basis point cut last month – as widely expected – and
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