What’s at stake: The health of New Zealand’s economy in 2025.
Background: The economy has effectively been in recession for a couple of years as the RBNZ tackled rampant inflation. Now, the central bank is taking its foot off the pedal and cutting the official cash rate.
Main players: Westpac, Satish Ranchhod, UBS, Nic Guesnon, RBNZ, Adrian Orr, Christian Hawkesby, Finance and Expenditure Select Committee.
New Zealand’s economy has bounced along the bottom of the barrel and been in recessionary territory – one way or another – for a couple of years, but economists say the tide will turn in 2025.
At the start of 2024, the RBNZ was still cautious about inflation pressures and talking tough
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What’s at stake: The health of New Zealand’s economy in 2025.
Background: The economy has effectively been in recession for a couple of years as the RBNZ tackled rampant inflation. Now, the central bank is taking its foot off the pedal and cutting the official cash rate.
Main players: Westpac, Satish Ranchhod, UBS, Nic Guesnon, RBNZ, Adrian Orr, Christian Hawkesby, Finance and Expenditure Select Committee.
