NZ Treasury: Weak economy threatens Treasury forecasts
Source Fxstreet
Jun 26, 2024 02:17
New Zealand’s (NZ) Treasury said in a statement on Wednesday that “weak economy threatens Treasury forecasts.”
NZ Treasury said it is considering additional spending and revenue solutions.
Meanwhile, NZ economist McLeish noted that he sees recent data indicating economic weakness.
Market reaction
NZD/USD is flirting with intraday lows near 0.6115, modestly flat on the day.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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