With the Kiwi dollar on the way down, it's interesting hear Reserve bank Governor, Alan Bollard, talk about having lee-way to reduce interest rates further.
A falling dollar will fuel inflation further for imported goods like oil......and almost everything else we use daily other than food and toilet paper....even if the price overseas hasn't increased, which they are.
It's hard not to see the interest rate moves right now in a wider political context. As usual, time will tell.
Daily review 15/09/2025
4 hours ago
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