Powell coy on US rate shifts
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 that attention will now turn to the annual Fed meeting in Jackson Hole, WO. This year Fed boss Powell is not only trying to balance US monetary policy settings between rising inflation pressures and a basically stable (and good) labour market, he also has to contend with a unstable fiscal policies and political pressure, with two and soon to be three voting members…
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