Economy
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Economy
GDP plunge may spur speculation about a 75bps cut
The past two quarters mark the weakest six months since June 1991.
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Economy
Massive GDP fall: NZ in deep recession
New Zealand’s gross domestic product fell 1.0% in the September 2024 quarter.The massive fall came after a revised 1.1% decrease in the June 2024 quarter, according to figures released by Stats NZ on Thursday.“The structure of the New Zealand economy can change quickly, which is...
Economy
Fed to slow interest rate cuts after quarter-point reduction
Just two cuts pencilled in next year.
Economy
NZ dollar hits a two-year low after US Fed announcement
The NZD/USD now has support at 55.50.
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Pattrick Smellie
Founding Editor
Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.
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