ANZ Bank

ANZ Bank Economic Forecasts

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Delving into the intricacies of the economy and financial markets can be complex, yet ANZ Bank New Zealand simplifies this process through its insightful Economic Outlook reports.

These reports offer a comprehensive perspective on the nation’s economic landscape, providing valuable forecasts for both the macro-economy and trends within the financial markets.

In this article, we uncover ANZ’s predictions for the near future, highlighting key aspects such as the labor market’s trajectory and the anticipated effects of interest rate adjustments. Through ANZ’s Economic Forecasts, a clearer understanding of New Zealand’s economic direction emerges.

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ANZ Bank Economic Forecasts

ANZ Bank provides detailed predictions about the economy and financial markets in New Zealand through its Economic Outlook reports.

Looking ahead, we anticipate that the job market might weaken during 2023 and 2024 due to higher interest rates causing a slowdown in the domestic economy. We expect unemployment to rise from its current low of 3.4% in Q4 to a peak of 5.4% in 2024. Additionally, wage growth is predicted to slow down during this period.

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