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Airlines become the canary of the global economy

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.

Today we lead with news financial markets are starting to see the international geopolitical risks as something that can undermine their bull run. The oil price rises caused by Trump's Gulf War are messing with the outlook in a much more visible way today.

But first, in the widely expected result, the US Federal Reserve held its benchmark policy rates unchanged at 3.75%, in a 8-1 vote with…

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