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Wednesday: Firm US wages harden views on high rates for longer

Published 1 year, 10 months ago
Description

Stronger US wage data adds to fears rates will be on hold for longer. Core inflation progress in Europe supports a June cut by the ECB. China’s factory output rises. Weak Australian retail sales cause a rethink on the RBA’s rate track.

In our bonus deep dive interview ANZ Economist Miles Workman looks closely at why consumers in New Zealand are so down in the dumps.


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