A question of recession
Mar 15, 2020
3 minutes
In the coming weeks and months, New Zealanders, along with businesses, banks, the Reserve Bank and the Government will be tested by the reaction – or overreaction – to the global coronavirus outbreak.
The BNZ was the first major bank to forecast a recession – defined as two consecutive quarters of negative growth – in the first half of this year. Therein lies a vexing problem for those whose role it is to
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