New Zealand fin min Robertson says Economic environment remains challengingNew Zealand Finance Minister Grant Robertson:
Economic environment remains challenging- Projections for
budget spending are 'responsible' - Not prepared to
deliver an austerity budget
Last week we received data from NZ confirming an economic recession. Robertson is correct on the 'challenging' environment. The RBNZ looks set to hold rates high to drive inflation further towards target.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: New Zealand fin min Robertson says Economic environment remains challenging (https://www.forexlive.com/news/new-zealand-fin-min-robertson-says-economic-environment-remains-challenging-20230620/)
forexlive.com