The decline in business confidence seen over past months has been arrested.
More Quotes from Cameron Bagrie:
It's a question of relative risks and Bollard is more mindful of inflation. He will be comfortable with receding growth.Cameron Bagrie
The lift in pricing intentions to their highest levels since late 2000 represents a clear warning shot. The message is one of pricing pressure and inflation risks. Monetary policy will remain in a restrictive stance.
Cameron Bagrie
Such levels have typically coincided with a short-term contraction. After five years of stellar growth, the economy is now entering a more sedate growth phase, as is required to alleviate pressure on resources.
Cameron Bagrie
Confidence is a critical element if the economy is to maintain forward momentum. Expect growth to remain tepid but a recession to be averted.
Cameron Bagrie
The housing market is not slowing sufficiently to comfort the Reserve Bank of New Zealand.
Cameron Bagrie
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