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The index is expected to dip from 16.4% to -10.8%, and could serve to hobble USD exchange rates should the data print as forecast. The Pound US Dollar (GBP/USD) exchange rate edged lower on Thursday ...
RBNZ’s Conway warns tariffs are a “negative demand shock,” underscoring the central bank’s dovish monetary policy outlook.
Tariffs will create a negative demand shock in New Zealand that will strengthen the case for a lower Official Cash Rate, ...
Fonterra, New Zealand's top dairy exporter, addresses rising butter prices. Chief Executive Miles Hurrell cites strong global demand as the main driver. He clarifies that international markets heavily ...
Fonterra says price increases reflect strong demand. Chief executive Miles Hurrell rejects the idea of discounted prices for New Zealand shoppers. Supermarkets say they are working to keep prices "as ...
A top New Zealand central banker said on Thursday that while the full impact of U.S. tariffs remains uncertain, they could ...
Global tariffs and economic uncertainty are likely to mean less inflation pressures in New Zealand and a pullback in business investment and household spending, RBNZ Chief Economist Paul Conway says.
However, the economy is currently supported by high export prices and lower interest rates, he says.In a speech delivered to ...
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