Ahead of GDP data next week, economists reckon the economy went backwards, but there’s no technical recession on the horizon.
Senior market strategist Ben Picton counters the argument for an ‘immediate’ rate cut next week.
Stats NZ data shows higher unemployment in the June quarter, as 'true picture' of economy revealed.
Central bank decisions in firm focus, while global sharemarket volatility continues today.
The NZX50 and ASX200 again follow Wall Street’s weakness as health of US economy put in the spotlight.
Volatile night as Wall Street plunges, US data disappoints, currency tension, and the BoE rate cut.
Data proves a good recipe to bake in rate cuts later this year.
ANALYSIS: The two banks have had different priorities and approaches to policy. Is one approach better, or are conditions so different?
ANZ and Westpac shift goal posts to November rate cut after annual inflation fell to 3.3%.
Annual inflation has fallen faster than expected, reinforcing calls for an earlier OCR cut this year.