New Zealand remains in a prolonged recession. RBNZ needs to get cash rate below 4%, asap. | Forexlive

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I posted earlier on the data from New Zealand showing not quite as bad economic contraction as expected. But, still contraction: New Zealand Q2 GDP -0.2% q/q (expected -0.4%) Responses: What’s coming up from the Reserve Bank of New Zealand after the weak NZ GDP data New Zealand GDP data showed a contraction, not as […]