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As the Fed currently endeavors to wind down inflation without causing a recession, it is useful to see how and why it acted in the past. Forbes Advisor has compiled this history as a handy guide ...
Economy shrinks 1.0% in September quarter, -1.5% on year ago Contraction for two quarters in a row means a technical recession September quarter 2024 revised to a fall of 1.1%, but negative data of ...
The previous figure for the June quarter was a fall of just just 0.2%. That puts New Zealand into the deepest recession since the Covid-related slump in 2020. Kiwibank’s senior economist Mary Jo ...
Markets regulator SEBI has decided to introduce timelines for deploying funds raised through New Fund Offers (NFOs) by asset management companies (AMCs) and relaxed regulatory framework regarding ...
The reason? New Zealand has just dived back into recession. If Aussies thought our growth of just 0.3 per cent last quarter and 0.8 per cent over the year to September was anaemic — and it was ...
New Zealand’s gross domestic product fell 1.0% in the September 2024 quarter.The massive fall came after a revised 1.1% decrease in the June 2024 quarter, according to figures released by Stats NZ on ...
New Zealand’s economy suffered a deeper-than-expected recession in the second and third quarters as high interest rates curbed demand. The local dollar fell to a two-year low. Gross domestic ...
The ensuing policy thinking witnessed a transformation from "active" macro-policy after the Great Depression to a far more "passive" macro-policy during the last quarter of the twentieth century, ...