Stark downgrade of forecast economic outlook by RB

Stark downgrade of forecast economic outlook by RB

The widely expected OCR cut was not the most significant aspect of September’s Reserve Bank Monetary Policy Statement. The far more significant aspect was the somewhat jaw-dropping downgrade in the economic forecast picture that the Reserve Bank now paints.

Read more of Ganesh Nana’s article by click on the following link:

http://www.berl.co.nz/economic-insights/macro-picture/gdp-and-inflation/stark-downgrade-of-forecast-economic-outlook-by-rb/

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