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NZ: Recession, mortgage hike, property pressure – Top economists on what's coming in 2023

From newstalkzb.co.nz

he economy is anticipated to be the election-defining issue of 2023. Treasury and the Reserve Bank have both forecast the country will be heading toward tougher times, in line with then the International Monetary Fund warning that a third of the world should brace for a recessionary period. This all happens at a time when house prices are sliding, Kiwis are preparing for a mortgage shock and the cost of living crisis continues to squeeze wallets. ANZ chief economist Sharon Zollner and Infometrics principal economist (and incoming CEO) Brad Olsen joined The Front Page podcast to discuss how long and hard the recession ... (full story)

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  • Category: Fundamental Analysis