Not sure about rate hikes, but as I posted a week or two ago, there is an argument for no rate cuts.
Seems the Fed is signalling otherwise though.
NZ on the other hand, I still think we will see rate cuts earlier than most of the market is predicting, which could be interesting for the NZD.
We need stability more than anything. The effects of all these hikes are yet to be felt in full, yet it's already been a long drought for some. Just neeed a clear signal that we've topped and this is the norm for the next period. Wheels are turning.
I understand US inflation ex shelter is around 1% and given that shelter is so lagging the FED must be considering real time data.
I have so little faith in the NZ economy. I try not to read the main stream media but if the headlines are to be considered NZ is more concerned about divisiveness than pulling together to get this once awesome country back to being a productive nation. Again i'm trimming my NZ holdings and reallocating overseas as I did in '22
Bookmarks