Wake Up Call: Inflation 'timebomb' warning

Deutsche Bank is pointing the finger at the US Federal Reserve policy.

Tue, 08 Jun 2021

Summary New Zealand faces the potential overcorrecting of housing supply, and is likely to experience an oversupply of housing in some areas, BNZ has warned. Meanwhile, NZ exporters are finding it hard to get their produce to market as shipping companies focus on more profitable routes between China, Europe and the United States.Housing overcorrection BNZ Bank head of research Stephen Toplis said NZ is well down the road to overcorrecting housing supply and some areas could well be facing an oversupply in the near term. In its latest economic u...

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