An economic melee

The latest escalation in the US/China trade war will hurt NZ. The unemployment rate has dropped to an 11 year low, and wage growth has finally started accelerating, but we expect unemployment to rise over the year ahead. And finally,…

An economic melee

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The latest escalation in the US/China trade war will hurt NZ. The unemployment rate has dropped to an 11 year low, and wage growth has finally started accelerating, but we expect unemployment to rise over the year ahead. And finally, the RBNZ has stunned everybody by cutting the OCR 50 basis points in a non-emergency situation.

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