ANZ forecasts New Zealand recession from 2Q 2023 - matching the NZ Treasury forecast

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ANZ forecasts New Zealand recession from 2Q 2023 - matching the NZ Treasury forecast

<p>From earlier this week:</p><ul><li><a href="https://www.forexlive.com/news/new-zealand-treasury-forecasts-3-quarters-of-a-shrinking-economy-ahead-20221214/" target="_blank" rel="follow">New Zealand Treasury forecasts Recession to begin in Q2 2023</a></li></ul><p>ANZ in NZ match this now:</p><ul><li>Our updated forecast has the economy entering recession in Q2 2023, with an
overall decline in economic activity of 1.3% between Q2 2023 and Q1 2024.</li></ul><p>ANZ projections for the RBNZ cash rate - much higher:</p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: ANZ forecasts New Zealand recession from 2Q 2023 - matching the NZ Treasury forecast

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