But most of NZIER’s shadow board pick the OCR will sit between 3.5% and 4.5% a year from now.
Trade Minister Damien O’Connor’s trip to India gave the business mission ‘more gravitas’, Simon Bridges says.
Monetary and fiscal policies must have a restrictive bias to rebalance the economy.
Delegation is about turning up and ‘showing we are willing to invest in that relationship’.
Christian Hawkesby opens up: Central bank expects to keep the OCR on hold for longer next year, before reintroducing rate cuts.
Falling equity and property markets and a higher $US saw a dip in 2022 wealth, says UBS Credit Suisse.
National’s Nicola Willis frustrated at inaccuracy of RBNZ forecasts and why inflation remains sticky.
A rate cut will happen eventually, but for now, the official cash rate looks to stay elevated for longer.
Central bank keeps the official cash rate steady at 5.5%, as widely expected, rate cuts later in 2024.
Moody’s expects continuation of fiscal discipline.