Interest Rates 2024 Nz Forecast. New zealand’s labour market remains tight, but labour shortages are easing due to both slowing demand for workers and increased labour supply. Inflation, job insecurity and interest rates that have gone through the roof have been plaguing new zealanders over the last few years, but could 2024 finally bring some.
The un report forecasts nz will end 2024 with inflation at 3.4%, then drop to 2.6% in 2025. The wholesale interest rate market is aggressively pricing in cuts to the official cash rate this year, but an economic unwind will not be a return to the.