Fitch Ratings with their report on New Zealand - 15 February 2018
- Real GDP growth likely to remain solid over next two years
- Does not expect government-initiated review of RBNZ Act to materially alter RBNZ policy or credibility
- Accommodative monetary policy and fiscal stimulus will bolster growth
- Forecast growth of 2.8% in 2018, and 3.1% in 2019
- Projects that current account deficit will increase to 2.9% of GDP by 2019 as higher global rates increase investment income deficit
Well, somewhat positive for the kiwi - in the sense that everything remains the same.
At the end of last month, S&P maintained a similar view of the New Zealand economy as well here.
--
