Businesses relieved after early interest rate cut
Economists expect another 25bp OCR cut next week, just as business confidence markedly improves in the September quarter.
Businesses are more chipper about the economic outlook, according to the latest NZIER QSBO.
Interest rate relief has finally given businesses a reason to smile and further hope that economic conditions are on the improve.
The NZ Institute of Economic Research’s well-regarded survey of business opinion improved markedly in the September quarter, just weeks after the RBNZ cut the official
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