New Zealand’s Unemployment Rate Rises, Signaling Potential Interest Rate Cuts
Unemployment in New Zealand has reached its highest level since early 2021, with the jobless rate rising to 4.6%...
Reserve Bank of New Zealand
New Zealand Consumer Confidence Surges Amid Rate Cut Expectations
In New Zealand, consumer confidence surged in July as interest-rate cuts become more likely due to falling inflation and...
New Zealand Businesses Face Falling Price and Wage Pressures
In a recent ANZ business outlook survey, New Zealand firms faced increased pressure from soaring interest rates and high...
Week Ahead for FX, Bonds: PMI Surveys, Asia Central Banks in Focus
In Japan, trade data is due Wednesday, and inflation figures are expected on Friday. Investors worldwide are closely watching...
Tumbling Inflation Expectations Ease Pressure on RBNZ
**Lead:** Inflation expectations in New Zealand have plummeted, with a significant drop to 2.73% from 3.22% in the first...
New Zealand’s Economy Contracts in 3Q, Raises Recession Fears
New Zealand's agriculture-rich economy unexpectedly contracted in the third quarter, raising concerns about the impact of rising interest rates...
New Zealand’s Jobless Rate Rises in 3Q
New Zealand's unemployment rate has risen sharply in the third quarter due to higher interest rates and increased immigration,...