4 blog posts found
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MEI Special Topic: New Zealand's Nominal Neutral Interest Rate
Posted: 21 Nov 2019Topic: Interest ratesThe nominal neutral interest rate (NIR) is the unobservable interest rate that prevails in an ideal world where the economy grows at its trend rate, inflation is stable at its target and the output... -
MEI Special Topic: Illustrating Forecast Uncertainty
Posted: 2 May 2017Topic: Budget, Economic conditions, Economic forecasting, Foreign exchange, Inflation, Interest rates, UnemploymentThe Treasury publishes economic forecasts at least twice during the year. These forecasts are communicated as a central track which represents our view of the most likely path the economy will take... -
MEI Special Topic: Key Judgements for the Economic Outlook
Posted: 1 Nov 2016Topic: Budget, Construction, Consumption, Economic forecasting, Economic growth, Economic indicators, Employment, Exports, Foreign exchange, Inflation, Interest rates, Migration, Monetary policy, National accounts, Productivity, Statistics, Tourism, TradeOver the first half of 2016 the economy grew at a faster pace than was expected in the Budget Economic and Fiscal Update (the Budget Update), as did tax revenue. Forward indicators suggest this... -
MEI Special Topic: New Zealand Household Debt
Posted: 5 Oct 2016Debt, and household debt in particular, garnered considerable attention earlier in the year. This special topic provides an overview of household debt developments following the release by the...