{"id":11289,"date":"2024-05-30T06:11:37","date_gmt":"2024-05-30T05:11:37","guid":{"rendered":"https:\/\/cambridgecurrencies.com\/?p=11289"},"modified":"2025-02-06T23:31:56","modified_gmt":"2025-02-06T23:31:56","slug":"nz-projects-lower-inflation-key-gdp-data-from-swiss-and-u-s","status":"publish","type":"post","link":"https:\/\/cambridgecurrencies.com\/nz-projects-lower-inflation-key-gdp-data-from-swiss-and-u-s\/","title":{"rendered":"New Zealand’s Budget Insights: GDP and Inflation Outlook 2024"},"content":{"rendered":"\n
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\"inflation<\/figure>\n<\/div>\n\n\n\n
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New Zealand’s Budget Insights: GDP and Inflation Outlook 2024<\/h1>\n\n\n\n

Early this morning, New Zealand’s Budget Release included important comments from Finance Minister Nicola Willis. She mentioned that the Treasury expects inflation to drop below 3% by the third quarter of 2024 and to around 2% by 2026. Moreover, the Treasury predicts a GDP decline in the first half of 2024, followed by growth in the second half of the year.<\/p>\n\n\n\n

Key GDP Data<\/p>\n\n\n\n

At 8:00 AM, Switzerland will release its Q1 Gross Domestic Product (GDP) data, with expectations steady at 0.3%. Any deviation could affect the Swiss Franc and influence market sentiment.<\/p>\n\n\n\n

Key GDP Data<\/p>\n\n\n\n

Later, at 10:00 AM, the Eurozone will report Consumer Confidence for May and the Unemployment Rate for April. The forecasts are -14.3 and 6.5%, matching the previous figures.<\/p>\n\n\n\n

Key GDP Data<\/p>\n\n\n\n

In the afternoon, the U.S. will release the preliminary Q1 Gross Domestic Product (GDP) annualized figure at 1:30 PM. The forecast is 1.3%, down from the previous 1.6%.<\/p>\n\n\n\n

Key GDP Data<\/p>\n\n\n\n

Additionally, the United Kingdom is awaiting a speech from BoE Governor Bailey at 7:50 PM. While the forecast is unknown, any unexpected comments could influence the market.<\/p>\n\n\n\n

Key GDP Data<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New Zealand’s Budget Insights: GDP and Inflation Outlook 2024 Early this morning, New Zealand’s Budget Release included important comments from Finance Minister Nicola Willis. She mentioned that the Treasury expects inflation to drop below 3% by the third quarter of 2024 and to around 2% by 2026. Moreover, the Treasury predicts a GDP decline in […]<\/p>\n","protected":false},"author":244711593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[97],"tags":[50518665,50518660,50518605,50518663,50518638,50518636,50518658,50518654,50518664,50518652,50518635,50518651,50518656,50518653,50518655,50518650,50518657,50518662,50518661,50518659],"class_list":["post-11289","post","type-post","status-publish","format-standard","hentry","category-market-insight","tag-budgetrelease","tag-consumercofidence","tag-economicdata","tag-economicforcast","tag-economicgrowth","tag-economicindicators","tag-eurozoneeconomy","tag-financeminister","tag-financialnews","tag-gdprojection","tag-globaleconomy","tag-inflationforecast","tag-marketsentiment","tag-newzealandeconomy","tag-nicolawillis","tag-nzbudget2024","tag-swissgdp","tag-treasuryreport","tag-unemploymentrate","tag-usgdp"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfpkhv-2W5","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/users\/244711593"}],"replies":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/comments?post=11289"}],"version-history":[{"count":7,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11289\/revisions"}],"predecessor-version":[{"id":28247,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11289\/revisions\/28247"}],"wp:attachment":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media?parent=11289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/categories?post=11289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/tags?post=11289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}