Some big market reactions today
Kia ora,
Welcome to Thursday’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 a no-change Fed has brought sharp market reactions, bolstered by an odd tariff twist.
As expected, the US central bank left its key policy rates unchanged at the 4.25%–4.50% target range for a fifth consecutive meeting. They see the data pointing to 'a moderation in economic activity' during the first half of the year, contrasting with earlier assessments that…
The skinny
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