New Zealand’s Finance Minister, Grant Robertson, hit media wires today with statements meant to inspire some optimism in New Zealand’s economic growth.
Robertson stated that there is “every reason to be optimistic” on the NZ economic outlook, though many traders will note that the while New Zealand’s economy is performing fairly middle-of-the-road in 2018, it is still growing at a slightly slower pace than the year before, and signs of faltering in activity indicators and business confidence measures.
Robertson is trying to fluff up investor confidence ahead of the Reserve Bank of New Zealand’s showing, due later this week.
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