NZ dollar steady ahead of Fed decision, NZ GDP

NZ dollar steady ahead of Fed decision, NZ GDP
Rebecca Howard
By Rebecca Howard June 19 (BusinessDesk) - The New Zealand dollar was steady as markets await a raft of key events tomorrow, including the results of the Federal Reserve's latest policy-setting meeting. The kiwi was trading at 65.26 US cents at 5pm in Wellington from 65.25 at 7:45am in Wellington. The trade-weighted index was at 71.91 from 71.86.  The US Federal Reserve is scheduled to release a statement early Thursday New Zealand time, followed by a press conference by chairman Jerome Powell shortly after. The central bank is not...

More Economy

NZ's directors see better days ahead
Economy

NZ's directors see better days ahead

Board directors are looking to Companies Act reform on their legal liabilities.

Greg Hurrell 22 Nov 2024
Govt’s arms flailing, with little cohesive direction
Economy

Ganesh Nana: Govt’s arms flailing, with little cohesive direction

A tight-fisted Government is hobbling its own ambitions. 

Ganesh Nana 22 Nov 2024
It’s time for a national conversation on productivity
Economy

Cameron Bagrie: It’s time for a national conversation on productivity

Bold action needed as a further downgrade to Treasury's forecasts looks likely.

Cameron Bagrie 22 Nov 2024
Treasury expects to downgrade forecasts
Economy

Treasury expects to downgrade forecasts

Per capita GDP has fallen 4.6% since the September quarter of 2022.

Rebecca Howard 21 Nov 2024