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Reserve Bank of New Zealand publishes Briefing for the Incoming Minister (BIM) & FEC appearance

LiveNews Provides news reports of information as it happens in real time of politics, business, the economy and also reports on global issues and events from a New Zealand viewpoint.

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More options needed to lower inflation

Roger J Kerr says the still-high level of inflation that has declined a bit isn't yet cause for celebration and the RBNZ needs to explore more options to get it lower. But he sees US inflation march lower even if their economic data remains mixed

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New Zealand Inflation Seen Slowing, But Not Enough for Rate Cuts

New Zealand Inflation Seen Slowing, But Not Enough for Rate Cuts
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New Zealand Monthly Net Immigration Slows to 15-Month Low

New Zealand Monthly Net Immigration Slows to 15-Month Low
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Fed Pivot Will Dominate Year of Rate Cuts in Turn of Global Cycle

(Bloomberg) -- The coming 12 months are shaping up as the year of the interest-rate cut.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderBoeing 737 Max Blowout Points to Pervasive FlawsAckman Plans to Check MIT’s Kornbluth, Staff for PlagiarismAfter racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the world are poised to begin easing monetary

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Central Banks are set to navigate a 2024 of interest rate cuts

A global shift towards interest rate cuts is underway, marking a stark contrast to the aggressive tightening seen in the previous years.

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NZD/USD recovers its recent losses around the mid-0.6200s, US GDP data eyed

The NZD/USD pair hovers around the mid-0.6200s after retreating from a five-month high slightly below 0.6300 during the early Asian session on Thursday.

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NZD/USD struggles to surpass 0.6250, eyes on US data releases

NZD/USD holds its position below 0.6250 during the early European hours on Thursday, struggling to retrace its recent losses recorded on Wednesday.

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