RBNZ chief economist Conway says balance of risks has shifted to the downside

Reserve Bank of New Zealand chief economist Conway:

• higher tariffs and uncertainty about global trade policy mean economic activity globally and in New Zealand will most likely be weaker than expected
• The likely impacts on inflation in New Zealand are more ambiguous, but the balance of risks has shifted to the downside

This article was written by Eamonn Sheridan at www.forexlive.com.