IMF sees heightened risk of overheating economy

Mon, 08 May 2017

By Paul McBeth May 9 (BusinessDesk) - The International Monetary Fund sees a heightened risk of New Zealand's economy getting too much of a lift from migration or strong terms of trade, which could overcook growth and reignite rapid gains in house prices. The global body of 189 member countries, set up to foster international monetary cooperation, today released its formal report on New Zealand's economy, having given a preliminary assessment in March. The IMF is relatively upbeat about the state of New Zealand's economy which had been u...

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