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RBNZ says not currently seeing widespread financial distress amongst households, business

Reserve Bank of New Zealand Financial Stability Report Not currently seeing widespread financial distress amongst households or businesses, which reflects the strength in the economyMore borrowers may fall behind on their payments this year, given the ongoing repricing of mortgages and weakening in the labour marketHousehold balance sheets remain resilient in aggregate, with most households with a mortgage still having substantial equity buffers More here This article was wr... Read More

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Rbnz

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Currently

Seeing

Widespread

Financial

Distress

Amongst

Households

Business

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Posted: May 1 2023, 22:12

Author Name: forexlive

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