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Annual inflation fell in line with economists’ expectations to 4.7 per cent in the final three months of 2023. This was a decent improvement from the...
(Bloomberg) -- The worst may be over for the New Zealand dollar as higher dairy prices and a push-back of interest rate cuts by the nation’s central bank should support the currency. Most Read from BloombergHedge Funds Rake in Huge Profits Betting on Catastrophe RiskTrump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again.Putin Orders Hunt for Property of Russian Empire, Soviet UnionBurger King Is Serving Whoppers With a Side of CringeThe Easy Money Has Already Been Made in BondsThe kiwi m
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ANALYSIS Mortgage holders are entering 2024 hoping the Reserve Bank ( RBNZ ) will be satisfied it has squeezed their disposable incomes enough to get...
Wholesale interest rates drop sharply after Statistics NZ reports soft economic data and the US Federal Reserve signals it could cut interest rates soon
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A double whammy of a more-dovish-than-expected US Federal Reserve and news of an unexpected contraction in the New Zealand economy drove local interest rates...