Markets demand rate rises to fight inflation
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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.
Today we lead with news the Gulf Cooperation Council meetings with Iran have been 'postponed'. So no progress there.
That means we need to prepare for more pain at the pump, and aggressive competition for global fuel supplies.
In the US a full +25 bps is now priced in for Thursday's US Fed review which would take their policy rate to…
The skinny
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