Chaotic US policymaking tests investor nerves
Kia ora,
Welcome to Wednesday’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.
Today we lead with news the US dollar fell for a fourth consecutive session today, sliding to its lowest level since February 2022. It's a -3.5% devaluation in just one week. Some think the US Administration is engineering the fall to bolster its export competitiveness as the US factory sector misfires, tariffs aren't working other than raising costs, and to put pressure on the Fed ahead of…
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