The US Federal Reserve’s rate cut and the NZ market’s big bounce – Stock Takes
Federal Reserve chairman Jerome Powell described the bank’s move as a “risk management cut”. “Powell is saying employment…
NZ sharemarket drops after weak GDP data and US Fed rate cut – Market close
Generate investment specialist Greg Smith said the result underscored the fragility of New Zealand’s recovery, with markets reacting…
US Fed chief says two more rate cuts in 2025 a probability, not certainty
The central bank faces competing pressures in adjusting rates, with Trump’s sweeping tariffs fuelling inflation risks while the…
Consumer confidence stays weak despite Reserve Bank rate cuts
“Reductions in the official cash rate and the related falls in mortgage rates will help to boost many…
Gisborne mayoral candidates united: Rates rises ‘not sustainable’
Fisher said Gisborne’s regional rates had increased 30% over the past three years and asked candidates for their…
NZ stocks end flat as US Federal Reserve decision looms – Market close
On Thursday, Stats NZ releases June quarter GDP data, which economists expect to show the economy contracted after…