Interest rate cuts still likely despite Trump's trade war

Interest rate cuts still likely despite Trump's trade war
US President Donald Trump's tariff twists and turns are creating uncertainty. (Image: Getty)
Rebecca Howard
Uncertainty surrounding US President Donald Trump’s trade war is likely to keep business investment on the sidelines but isn't expected to stop the central bank from cutting rates. In the latest twist, Trump on Friday delayed some tariffs on Mexico and Canada for a month when he allegedly will also apply tariffs on other countries. Details are light but Trump has specifically mentioned agricultural products going into the US.While the panorama is far from clear, “short term, the tariff war is unequivocally negative for grow...

More Economy

Economists react to 'dovish' RBNZ cuts
Economy

Economists react to 'dovish' RBNZ cuts

RBNZ says recent global policy developments have shifted the balance of risk. 

RBNZ cuts cash rate 25bps to 3.50%
Economy

RBNZ cuts cash rate 25bps to 3.50%

The move was widely expected by economists.

'The Great Privatisation': a NZ perspective
Economy

'The Great Privatisation': a NZ perspective

KPMG partner sees value in considering asset recycling to fund new infrastructure.