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The May Budget and Reserve Bank meeting were both important for the economic outlook. Here are five key takeaways coming out the other side. Interest rate risks tilt higher for longer…but how long is “longer”? Despite economic activity undershooting . ....
BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk' ....