Chaos has consequences

Economy Watch · Mar 3, 2025 · 6m

Kia ora,

Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from Interest.co.nz.

And today we lead with news chaos has consequences, but they seem to be coming faster than many thought. The giant US economy is resilient, but not immune to the consequences of misguided policy decisions.

Regular readers will know we regularly track the Atlanta Fed's GDPNow signals. Today that has suddenly sifted from expecting a +3.0% Q1-2025 expansion with the data on hand at the start of…