NZ economic recovery will slow but recession unlikely: Rabobank
WATCH: The timing around rate hikes is still uncertain as the Iran war keeps inflation higher for longer.
WATCH: Rabobank senior strategist Ben Picton speaks with Jonathan Mitchell.
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New Zealand’s economic recovery will slow because of the Iran war, but we aren’t moving towards another recession, according to Rabobank senior strategist Ben Picton.
Yesterday , the central bank held the official cash rate at 2.25%, as widely expected, but said it was willing to act decisively
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