BNZ head of research warns of stagflation risk after latest business confidence survey results - Interest.co.nz

Latest ANZ Business Outlook shows rapidly deteriorating sentiment for residential construction, while inflation expectations are still 'far too high'; BNZ economists say RBNZ may have to rethink its OCR hiking plan

The residential construction sector is sending "dire signals", while across all industries inflation expectations for the year ahead, at 6.2%, are "far too high" according to the latest ANZ Business … [+7229 chars]

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