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New Zealand's largest bank says construction, migration and tourism may have all peaked

From stuff.co.nz

Economists at New Zealand largest bank warn economic growth appears to be cooling, opening the possibility of future interest rate cuts. ANZ chief economist Cameron Bagrie has also predicted that government fiscal policy, in the form of tax cuts, will become one of the drivers of the economy in 2018 when it would be "a lot looser than what's being openly acknowledged at the moment". On Thursday the Reserve Bank will review the official cash rate (OCR) which economists agree will see no change to the benchmark interest rate. As well as coming amid coalition negotiations, the decision is the first which will be ... (full story)

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  • Category: Fundamental Analysis