Christopher Luxon is Prime Minister of New Zealand
Speaking in a TV interview. Luxon says has limited fiscal space to stimulate the economy.
tighter fiscal policy helps in the fight on inflation
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Yesterday data confirmed the NZ economy shrunk in Q2:
New Zealand Q2 GDP -0.2% q/q (expected -0.4%)
This article was written by Eamonn Sheridan at www.forexlive.com.