Economists and policymakers need to think seriously about how toaddress is the economy’s longstanding and chronic issues – low productivity, poor infrastructure and insufficientvalue-add in many of our key export sectors – or the consequences will not be pretty.
I read bull's comment and wondered how Adrian Orr would look if he croaked out the next reserve bank pronouncement in a 'toad dress'. Maybe finance minister Nicola Willis would look better wearing that 'toad dress', whatever it might be?
SNOOPY
Last edited by Snoopy; 22-03-2024 at 11:13 AM.
Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7
“We don’t want to see the economy struggle, but if it leads to a reprieve on the interest rate front, then it could give the economy a boost and give the sharemarket the shot in the arm,”
Exactly ,an engineered recession by The Reserve Bank to deal to inflation and high interest rates.
@Muse - amazing, I was going to comment on "super slutted" as well. I haven't heard the phrase for a couple of decades at least. I think it was used in the 1980s or even 1970s? Must have drifted into the 1990s then it was lost in the mists of time - until now.
I wonder if it appeared in other countries as well?
No worries …saw this headline - An economist believes the double dip recession means the Reserve Bank (RBNZ) will slash rates by a full percentage point this year.
More than market priced in of 75 basis
Punters love rate cuts …NZX could be the place to be this year
ONLY U and me HAD been thinking this way ....it's just the start ....may end the year UP 20% on Index basis ...fingers crossed and fully involved
With NZ10Y rate vs US10Y showing smallest gap in recent history ...NZD is very bearish ...all pointing to markets thinking NZ rates will tank faster than US .
NZX should have better year based on above info ...will it ?
Bookmarks