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Macroeconomics Professor questions possibility of a "soft-landing"

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Newstalk ZB,
Publish Date
Fri, 20 Oct 2023, 10:53am

Macroeconomics Professor questions possibility of a "soft-landing"

Author
Newstalk ZB,
Publish Date
Fri, 20 Oct 2023, 10:53am

A macroeconomics professor is hitting back at a forecast our economy is on track for a soft-landing. 

Infometrics has revised its expectations for next year up to 0.9% growth, saying strong migration figures are having an effect. 

Auckland University Professor Robert MacCulloch told Tim Dower that the report is silly. 

He questions how they could come out with a line like that when next year the International Monetary Fund ranks our GDP growth at 180 out of 189 countries in the world. 

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