Dampening effects of higher interest rates taking hold
NZIER's latest Quarterly Predictions reinforce RBNZ's OCR on hold at 5.5%.
NZIER's principal economist Christina Leung.
Businesses and households expect to face multiple economic headwinds and uncertainty for the rest of the year, according to fresh predictions out today.
Consultancy NZ Institute of Economic Research’s Quarterly Predictions said high inflation and rising interest rates have become baked-in
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