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.
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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
Wed, 11 Feb 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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New Zealand poised to weather the effects of imminent US rate hike
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