#inflationforecast

[cambcurrencies]

NZ Projects Lower Inflation, Key GDP Data from, Swiss, and U.S.

Early this morning, New Zealand’s Budget Release included important comments from Finance Minister Nicola Willis. She mentioned that the Treasury expects inflation to drop below 3% by the third quarter of 2024 and to around 2% by 2026. Moreover, the Treasury predicts a GDP decline in the first half of 2024, followed by growth in the second half of the year. Key GDP Data At 8:00 AM, Switzerland…