Fed set to end rate cutting cycle
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 markets are all quiet ahead of the US Fed monetary policy review and results will be announced at 8am NZT. Markets do not expect any rate change, but given the aggressive start to the Trump Administration, markets will be watching for any Fed reaction. It seems unlikely to come today however.
US mortgage applications were a little softer last week through the…
The skinny
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