Reply To: Reserve Bank of New Zealand Raise Rates by 50bp to 4.75% to Highest Since January 2009


New Zealand to enter recession from 2Q 2023, ANZ matches NZ Treasury earlier forecast, sees higher RBNZ rates

“Updated forecast has economy entering recession in Q2 2023, with an overall decline in economic activity of 1.3% between Q2 2023 & Q1 2024.”