The Chief Economist of the New Zealand Bank (RBNZ), Paul Conway, said the risks of inflation continue to increase.
Key points
The probable impacts on inflation in New Zealand are more ambiguous, but the risk balance has moved to the negative side.
Uncertainty about tariffs means that growth will probably be weaker.
The inflation risks balance has moved to the negative side.
Potential to reduce rates once the impacts are clearer.
The RBNZ will provide a GDP prognosis on its official website, updated weekly.
Hopefully what President Trump published about tariffs before the pause is the worst of the scenarios.
Improving the global macro model for commercial disruption.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
