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NZ Banks “well placed to withstand stagflation” – RBNZ

Tuesday 1st of November 2022

The sector was examined for its ability to withstand twin assaults from high inflation and a shrinking economy – so-called stagflation.

The RBNZ does a test like this every year – dubbed the Bank Solvency Stress Test.

Its latest analysis assumed a global slowdown in economic activity at the same time as central banks raised interest rates due to high inflation and th...

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