 This update from Kiwibank in New Zealand on their outlookThe main points:The outlook for the Kiwi economy is deteriorating into a recession. Large parts of the global economy will fall into recession, as central banks hike interest rates to squash inflation. The RBNZ is even more extreme.The RBNZ are hell-bent on forcing inflation back within its mandated 1-to-3yoy target band. And fair enough, their credibility as an inflation-fighter is being tested. They expect... 