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Credit freeze chills global outlook


  • Financial markets deteriorated as a loss in confidence saw global credit markets freeze up.
  • The credit crisis is now starting to materially affect the global economic growth outlook.
  • The NZ economy will be affected, but a number of buffers will dampen the impact.

Read the full PDF report.

 


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Report Prepared by:

Nick Tuffley
ASB Chief Economist
Phone: +64 9 374 8604
Fax: +64 9 302 0992


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