ANZ Outlook: NZ Economy Cautiously Optimistic Amid Inflation Fears

The New Zealand economy is cautiously moving forward according to the latest ANZ Business Outlook. The report highlights that businesses are optimistic about their prospects, but concerns remain over inflation and interest rates.

In a separate development, Federal Reserve officials have expressed caution on monetary policy. Fed's Williams stated that 'one more rate hike may be needed in late 2026' to combat high inflation. He emphasized the importance of ensuring that inflation does not become entrenched.