New Zealand electronic card spending continues to climb in November
Dec 10, 2015 00:13 am UTC| Commentary
Household spending remains firm. Overall retail spending was up 0.3% over November, while core spending (which excludes the volatile motor vehicle and fuel categories) was up 0.4%. Novembers increase come on top of solid...
New Zealand electronic card spending continues to climb in November
Dec 10, 2015 00:13 am UTC| Commentary
Household spending remains firm. Overall retail spending was up 0.3% over November, while core spending (which excludes the volatile motor vehicle and fuel categories) was up 0.4%. Novembers increase come on top of solid...
RBNZ cut the OCR to 2.5%, does not expect to cut the OCR further
Dec 09, 2015 23:49 pm UTC| Commentary
The RBNZ does not expect to cut the OCR further, but stands ready to do so if the economic situation were to change. The RBNZs press release included a key phrase that "We expect to achieve [2% inflation] at current...
RBA to stay on hold as the risks transition
Dec 09, 2015 23:16 pm UTC| Commentary Central Banks
The RBA will likely look through any significant acceleration of tradable inflation. Any acceleration in the targeted core measure of inflation is expected to be much more modest, only returning to the midpoint of the 2-3%...
Australia's inflation to accelerate as A$ pass-through finally arrives
Dec 09, 2015 23:01 pm UTC| Commentary
In an environment where domestic demand is relatively modest, non-tradable inflation is expected to remain well in check. Wages growth will be unlikely to accelerate from a 2.0-2.5% yoy range as spare capacity in terms of...
Bank of England will need to consider Brexit risks
Dec 09, 2015 22:33 pm UTC| Commentary Central Banks
The uncertainty generated ahead of the referendum may not be the perfect recipe for growth. The Bank of England will need to take that into account. For instance, the BoE said in 2012 that the most extreme potential...
Dec 09, 2015 22:23 pm UTC| Commentary
2016 looks set to be another volatile year for EUR/USD. While the crisis in Greece has, for now, abated, a renewed escalation of tensions across many of the highly-indebted euro area countries remains a key risk as...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do