The Reserve Bank of New Zealand raised its key interest rate by 50 basis points to 2.5% and said the central bank will continue to tighten policy “at pace” until it’s sure inflation is contained. Kathleen Hays and Yvonne Man report on “Bloomberg Markets: Asia.”
source
Three adults are dead after a shooting contained in the lobby of a North York business office in Toronto. The...
Jane Fraser, CEO of Citigroup, testifies through the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of...
A union representing flight attendants for American Airlines Group said on Thursday that the newest round of talks with the carrier...
Starlink Mini promotional image.SpaceX customer email sent June 19, 2024.SpaceX is rolling out a compact version of its Starlink antennas,...
MacKenzie Scott donated $2 million to an activist group that reportedly has links to a Philadelphia-based organization that staged a...
Don't know where that neutral rate = 2% idea is coming from… Neutral rate is always a variable and a function of inflation. It's always been CPI + 0.5 to 1%. It has been around 2 to 3% in the last 20 years only because inflation has been stable around 1 to 2% during the period. I can't believe how short people's memory is.
7/12 23:53 環球時報 global Times 社評 : « 中國 "殺雞儆猴"?? 澳大利亞勿別想太多了" » ~ 中澳雙方都認為這是建設性的。但顯然 美國和澳大利亞一些反華勢力 （媒體輿論）不願意看到 中澳關係走向破冰！ 現在 美國對堪培拉的 "一舉一動" 都高度關注, 澳大利亞內部也有力量充當 "監軍" 角色， 這種內外政策方面 "壓縮罐頭" 一般的沉悶空間是 澳大利亞前政府 (Morrison) 一手造成的。至於 澳大利亞不是 "雞", 別國 (USA) 也不是 "猴" （搗蛋鬼）… 中國歷來堅持大小國家 "一律平等" 相待， 也始終堅持與世界各國互利共贏， 中方四點建議 （給予澳大利亞 外長 Penny Wong) 體現的正是這種 "理念"，也希望堪培拉政府 "珍惜這份善意", （擺脫 QUAD strategy ) 澳大利亞與中國相向而行。
Hiking rate 50 points is aggressive?
Someone needs to setup a conference call between new zealand and Paul Volcker.
Putin wants destroy Ukraine so China be political and economic domination in Russia and Europe
You can raise rates to solve supply chain issues
I was hoping for a .75 hike
Woopy do 2.5% interest rate to stop inflation lol try 6% for starters.