NZ economy 'might be able to avoid a recession' but will feel like it's contracting anyway, Infometrics forecasts - Newshub

"The risks of a wage-price spiral with limited economic growth are real."

Infometrics' forecasts indicate the average mortgage rate will rise to 5.7 percent by the second half of 2024 - well above the Reserve Bank's prediction of the official cash rate peaking at 4 percent… [+2034 chars]

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