Top Insights
Bids hit in NZD with the economic growth data for the final quarter of 2023 missing estimates.
There are some signs that growth in Q1 of 2024 has improved, but the run into Q4 ’23 was around GFC (lack of) growth levels. The Reserve Bank of New Zealand aggressively raised its cash rate to combat inflation, and it was not dissuaded by the prospect of a recession. And here we are.
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
More info – Goldman Sachs sees Fed cutting by 25 bps at each meeting until June next year
ICYMI, Justin ahd the headline on this Thursday:Goldman Sachs now sees Fed...
ICYMI: US Treas Sec Yellen said the Fed rate cut is ‘very positive sign’ for economy
US Treasury Secretary Yellen spoke at en event in Washinton DC on...
Forexlive Americas FX news wrap: Dollar softer as the market digests the Fed decision
US initial jobless claims 219K vs 230K estimateSeptember Philly Fed +1.7 vs...
Major US stock indices close sharply higher helped by foreign buying after Fed rate cut
The major stock indices moved sharply higher overnight in the Asian and...
Leave a comment