New Zealand Finance Minister on Iran war, Treasure forecastd:
inflation could hit 7.4% in 25/26 under worst case scenarioreal GDP growth at 0.8% in 2025–26 under worst case scenarioforecasts unemployment at 5.7% in 2025/26 under worst case scenario of oil at $180/barrel
Adds:
New Zealand economic recovery is delayed, not derailedHigh/y unlikely oil will hit $180
This article was written by Eamonn Sheridan at investinglive.com.