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2025-02-06 03:02:01

tzongocu on Nostr: 📰 News Alert: 🔖 Title: Reserve Bank must cut in February 🗓️ Published: ...

📰 News Alert:
🔖 Title: Reserve Bank must cut in February
🗓️ Published: Thu, 06 Feb 2025 03:00:23 +0000
📄 Summary: The Q4 Labour Force Survey by Statistics New Zealand showed a 0.1% decrease in employment and a 4-year high unemployment rate of 5.1%. This marks the second consecutive quarterly decline in employment, with the New Zealand economy shedding jobs and facing challenges that may prompt the Reserve Bank to consider a rate cut in February.
🔗 https://www.macrobusiness.com.au/2025/02/reserve-bank-must-cut-in-february/
🗞️ Source: MacroBusiness
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