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Wall Street holiday allows reassessments

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.

And today we lead with news we are being reminded of the central role the giant Wall Street markets play in global finance.

It is a US holiday weekend, Memorial Day, and without those US markets operating, data releases and other market activity is very restrained.

But in the US, Fed boss Powell delivered a graduation speech that contained a spirited defense of those who run public services and…

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