While Nicola Willis is promising things will get better, the current state of the economy is pretty dire. The RBNZ’s highlighting weak demand, rising costs, rising inflation, a soft labour market, and difficult, costly global conditions.
This is a companion discussion topic for the original entry at https://www.stuff.co.nz/politics/360798601/you-might-have-missed-story-yesterday-economy-still-not-good-spot