NZ has ample space to respond to risks – IMF staff
IMF staff report says authorities should prepare more prudential measures
New Zealand's central bank may have to further tighten macroprudential policy and loosen monetary policy, according to a team from the International Monetary Fund. While the economy's overall condition is "positive", according to a report completed in January and published February 8, risks are "significant and tilted to the downside".
The country faces "short-term challenges but positive medium-term prospects", says the IMF staff report. New Zealand's recent strong growth could be expected to
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