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Five Takeaways From The Budget & Reserve Bank Meeting

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 .

Business Scoop » Five Takeaways From The Budget & Reserve Bank Meeting

Business Scoop provides news and views on Business and Markets from New Zealand

BNZ economists slash house price forecast

Changed interest rate track threatens US REITs; Japanese 10yr bond yields top 1%; Taiwan sentiment rises; China profits stay low; UST 10yr 4.46%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.7

BNZ economists slash house price forecast

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'

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