New Zealand PM Luxon says constrained by limited fiscal space

Christopher Luxon is Prime Minister of New Zealand

Speaking in a TV interview. Luxon says has limited fiscal space to stimulate the economy.

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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.