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Interest rates: How Yellen's hesitation could force Wheeler's hand

Graeme Wheeler is squeezed between a rampant Auckland housing market, a US Federal Reserve which won't hike rates quickly enough and an Aussie central bank which is going to cut too quickly for him.

Rob Hosking
Tue, 24 Mar 2015

There is always some bad economic news if you want to go looking for it.

True, bad economic news, at least domestically, was in short supply over the last few days. GDP figures for the 2014 showed growth of 3.3% over the year, above the long-term economic trend and encouragingly broad-based.

It

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Rob Hosking
Tue, 24 Mar 2015
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Interest rates: How Yellen's hesitation could force Wheeler's hand
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