Business think-tank NZIER - judges New Zealand's economic recovery still "fragile"
Business think-tank NZIER - judges New Zealand's economic recovery still "fragile"
27 May 2025
Its latest quarterly predictions show interest rates have been falling and household sentiment improving.
But NZIER says recent volatility in global markets following the US-China tariff conflict has heightened uncertainty, creating new risks to the growth outlook.
Meanwhile, economists broadly expect the Reserve Bank to cut the Official Cash Rate by a further 25-basis points tomorrow.
BNZ has cut its fixed and variable home loan rates, in anticipation.
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