NZIER Consensus Forecasts show a weaker economic outlook for years beyond 2024
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According to the latest New Zealand Institute of Economic Research (NZIER) Consensus Forecasts, New Zealand’s economy is seen resilient over the coming year but the growth could be revised downward for 2025 and 2026.
NZD/USD is heavily offered in Asian trading this Monday, as risk-off flows dominate kicking off a critical week. The pair was last seen trading at 0.6386, down 0.30% on the day.
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