3 mystics, 3 scenarios, and one clouded crystal ball. Revised outlook

We’ve just refreshed our forecasts for the Kiwi economy.  And by no surprises, heightened global uncertainty and a likely slowdown in global trade has seen us downgrade our profile for Kiwi growth. So what does that mean for parts of the economy? We unpack our latest forecasts for the housing market, interest rates, inflation, and the labour market. You may be thinking how do you even forecast in times like these? We go through the how, including delving into two alternative paths the Kiwi economy could take. And we explain why forecasting is a very helpful tool precisely in times like these.Check out our full outlook note here: https://www.kiwibank.co.nz/business-banking/thrive-hq/kiwi-economics/commentary-insights/weve-updated-our-forecasts-as-we-think-our-way-through-tumultuous-times/Hosted by Jarrod Kerr, Mary Jo Vergara and Sabrina Delgado.Follow our economic commentary & insights here: https://www.kiwibank.co.nz/business-banking/thrive-hq/kiwi-economics/commentary-insights/Any views or information shared in this podcast, while given in good faith, aren't necessarily the view of Kiwibank.