Growth forecasts drop – because Kiwis are saving more
The Reserve Bank's updated GDP forecasts, released with this morning's official cash rate decision, are down on the last set published three months ago.
The reason? One is that New Zealand is saving more, Reserve Bank governor Alan Bollard told Parliamen
Rob Hosking Thu, 10 Jun 2010
The Reserve Bank’s updated GDP forecasts, released with this morning’s official cash rate decision, are down on the last set published three months ago.
The reason? One is that New Zealand is saving more, Reserve Bank governor Alan Bollard told Parliament’s finance and expenditure select committee
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
