Kiwi households face $15 bln spending crunch | interest.co.nz - Interest.co.nz

ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'

Kiwi households face a $15 billion spending crunch over about the next 18 months, according to estimates by ASB economists. In a new Economic Note on the potential impact of rising mortgage rates, A… [+2533 chars]

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