Governor Christian Hawkesby and senior leaders front Finance and Expenditure Select Committee this morning.
‘Inflation is no-one’s friend and we are getting rid of it,’ Adrian Orr says.
The output gap is now assumed to be more negative than in its May Monetary Policy Statement.
Latest scoreboard outlines better economic results for most, while public sector cuts dent the Capital.
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.