Consumers in both China and the US display fragility
Kia ora,
Welcome to Monday’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 consumer hesitations are showing up the world's largest economies.
But first, our week ahead will be dominated by Wednesday's RBNZ OCR rate review, one that is widely expected, by both analysts and financial markets, to deliver a -25 bps cut. That will flow though to floating mortgage and savings rates, but it is far less clear it will affect fixed home loan rates…
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