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New Zealand fin min Robertson says Economic environment remains challenging

Started by forex4you, Jun 21, 2023, 08:47 am

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New Zealand fin min Robertson says Economic environment remains challenging

New 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

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