News in Brief
Wakeup call: Kiwi hits 18 month low vs Aussie
The Reserve Bank’s 'dovish' big hike yesterday hit the currency hard overnight, just in time for Australian tourists on their first weekend here.
News in Brief
Wakeup call: US inflation hits 8.5%
New Zealand's Reserve Bank has been weighing up the inflation outlook as it prepares to hike the official cash rate.
News in Brief
Wakeup call: Rates fear hit stocks
US stocks are closing down 2% on fears higher interest rates will hit profits and drive the US economy closer to recession.
News in Brief
Wakeup call: Shanghai lockdown grief
US interest rates rose to fresh three-year highs over the weekend as investors brace for US inflation data expected to show annual inflation hit 8.4% in March.
