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RBNZ cash rate left unchanged at 5.5%

RBNZ cash rate left unchanged at 5.5%

This Reserve Bank of New Zealand meeting was 'live', with more than one bank expecting a rate hike. Not to be though.Cash rate left at 5.5%RBNZ forecasts: Sees official cash rate at 5.59% in June 2024 (prior 5.67%)Sees official cash rate at 5.47% in March 2025 ( prior...

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AUD/USD dipped on the CPI data but is now little changed

AUD/USD dipped on the CPI data but is now little changed

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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This pipeline belongs in the cost-overrun hall of fame

This pipeline belongs in the cost-overrun hall of fame

AI imageIn a sane world, a country would take a long look in the mirror after what happened with Canada's Trans Mountain pipeline.Just today, the Canadian government announced the pipeline will cost another $3.1 billion. Stop me if you've heard that one before. The...

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