Bank term deposit rate offers have shrunk from the start of 2022 in relation to the OCR and the latest increases don't restore those premiums
NZ Herald
The collapse of a US bank triggered panic around the world.
The Conversation
Paying without cash is growing in popularity. But, as the experience of China over the past decade shows, the benefits of mobile payments can leave some groups behind.
A model that captures key vulnerabilities and structural weaknesses of developing countries' trade and production structures.
Asia Times
NEW YORK – US bank regulators on Sunday announced a massive response to last week’s run on Silicon Valley Bank (SVB) and the risk of copycat runs against other regional banks. The Federal Reserve w…
www.abc.net.au
Unlike the debacle surrounding the collapse of Sam Bankman-Fried's crypto kingdom FTX late last year, the sudden demise of Silicon Valley Bank last weekend has its origins at the other end of the financial spectrum, explains Ian Verrender.
Women are driving the economy forward, Fidelity International have revealed that women’s incomes have increased to $24 trillion in 2020, up from $20 trillion in 2018. It is expected that by 2030 there will be more than 100 million women in the workforce
The Conversation
Getting good advice can pay for itself many times over. But how do you find it? And what questions should you ask before signing up with a financial adviser?
Asia Times
Has investor bullishness about China’s post-Covid reopening trade run ahead of economic reality? Yes, say a growing number of global investment banks and asset management firms. “Overhyped,” is how…
Powell not seen as pushing back overly hard on the market's more dovish policy outlook. This gives market vindication to the view the tightening cycle is drawing to a close. Big rally in rates and equity markets gets extended. ECB and BofE hike +50 bps
David Hargreaves says with key economic data starting to turn out softer than expected, crunch time is looming for the Reserve Bank in its inflation battle and in how far it wants to drive up interest rates
Stuff
ANALYSIS: It will be a case of "heads, what we said was right" or "tails, what we said worked" for the central bank on Wednesday.
Asia Times
Foreign investors shorting Chinese shares are having a decidedly rough first couple of weeks of 2023. A weeks-long rally is turning heads even as mainland data turns ugly in the short run. While al…
Stuff
Survey suggests business confidence at its lowest in at least 52 years but gives scant hope for sudden big drop in inflation.
Economist Brian Easton says the two most comprehensive forecasts of the New Zealand economy are by the Reserve Bank and the Treasury. They are especially important because they inform monetary and fiscal policy. What do they say?
James K. Galbraith worries that the Democrats in the American Congress will allow themselves to be suckered once again over a fake crisis
www.oneroof.co.nz
The new year of 2023 is upon us and after a short, and for some rain-soaked, break we enter back into the game of picking where house prices are headed. By now I would hope that all bar the most misguided realise that none of us has the ability to accurately predict the extent to which house prices will move up or down over a cycle, and we only know when the tops and bottoms are after they have happened.
Stuff
ANALYSIS: Central banks are supposed to smooth out the booms and busts of the business cycle, but recently you could be forgiven for thinking their job is to make things worse.
Asia Times
TOKYO – For a central bank with such a fabled research apparatus, the US Federal Reserve sure is missing some big clues that the US economy is stalling. Minutes of the December Fed policy meeting s…
Stuff
OPINION: Now is not a time to panic and lock in a interest rate for a long period of time because you’re scared about the future, Hannah McQueen says.
Kenneth Rogoff explains why aggressive monetary tightening might exacerbate the coming economic downturn
Nouriel Roubini sees at least five major challenges that will create new cost pressures in the years ahead
NZ Herald
The Money