RBNZ Breman expects unemployment to decline as growth broadens
RBNZ Governor Breman said unemployment should decline as economic growth strengthens and broadens. He added recovery remains uneven, house prices could rise gradually from mid-2027, and spare capacity persists as policy targets inflation.
Expects House Prices To Rise Gradually From Mid-2027 - Exports Have Surprised On The Upside - Spare Capacity Remains In The Economy - Monetary Policy Is Playing Its Role In Containing Inflation - Committed To Returning Inflation To Target - Monetary Policy Must Remain Steady, Focused Amid Uncertainty - Expects Economic Growth To Strengthen And Broaden