Kerre Woodham: Can you survive until 25?
The OCR has remained static and interest rates are not set to drop any time soon. Most Kiwis are facing financial hardship, and Kerre Woodham wants to know
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The OCR has remained static and interest rates are not set to drop any time soon. Most Kiwis are facing financial hardship, and Kerre Woodham wants to know
A look at the day ahead in European and global markets from Rae Wee Flash Purchasing Managers Index figures in the euro zone, the UK and the United States...
Flash Purchasing Managers Index (PMI) figures in the euro zone, the UK and the United States take centre stage on Thursday, and investors will be on the lookout for whether the global growth narrative is showing signs of change. Strategists at S&P Global Market Intelligence noted that after the composite PMI in the United States came in below its euro zone and UK counterparts last month, May's flash PMI numbers will be eagerly awaited to "gauge whether global growth momentum has shifted" from the U.S. to Europe. Part of that shift could get some momentum on expectations t...
The Reserve Bank is set to hold the OCR firm ahead of today's announcement.
RBNZ leaves Official Cash Rate at 5.5%, but says domestic inflation is slow to fall and now puts a 60% chance of a further OCR hike by the end of this year; now doesn't see inflation getting back under 3% till the fourth quarter of the year