New Zealand's Economic Slump: Is Recovery in Sight?
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays
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New Zealand's economy just took a nosedive! GDP plunged 0.9% in the second quarter, way worse than predicted, thanks to US tariffs and housing woes. With widespread industry decline and a shaky annual GDP, pressure's mounting on the central bank to slash rates and jumpstart spending. Will it work, or is New Zealand stuck in the slump? Hosted on Acast. See acast.com/privacy for more information.
