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New Zealand poised to weather the effects of imminent US rate hike

Mr Hawkesby says it could result in New Zealand's long-term interest rates rising back up.

Jason Walls
Wed, 11 Feb 2015

Watchers say the US Federal Reserve continues to look on track to raise interest rates later this year, after leaving them at rock-bottom levels for over half a decade.

Federal Reserve lending rates were stripped to the bone in a bid to stimulate a struggling US economy after the financial crisis.

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Jason Walls
Wed, 11 Feb 2015
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New Zealand poised to weather the effects of imminent US rate hike
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