Find out how recent US data impacts the Federal Reserve's decisions on rate cuts. Plus, Japan's gains, China's struggles, and Trump's comments affecting Wall Street!
Interest rates in New Zealand are making waves as the US 'stars' align for the Federal Reserve. Recent robust US economic data has increased the likelihood of the Fed making imminent rate cuts. On the global front, Japan celebrates economic gains, while China faces challenges. The World Trade Organization accuses China of lacking transparency, adding to the international economic tension. President Trump's comments further contribute to market uncertainty, causing a dip in Wall Street.
While the Federal Reserve contemplates rate adjustments, Japan's success in economic growth shines as a beacon of hope. In contrast, China's economic struggles highlight the complexities of international trade dynamics. The accusations by the World Trade Organization against China underscore the importance of transparency in global economic relations.
Good US data builds bets Fed will cut soon; Japan gains; China struggles; WTO accuses China of lacking transparency; Trump comments sink Wall St; ...
The Regional Economic Development Minister is calling on the Reserve Bank to cut interest rates, amid falling levels of inflation. The Consumer Price Index.