When the RBNZ met on October 5th, it hiked rates by 50bps to bring the Official Cash rate to 3.5%. It had debated raising 75bps, but ultimately decided on only a 50bps hike. Since then, New Zealand released its Q3 CPI at 7.2% YoY, down slightly from 7.3% YoY the prior quarter. However, expectations were […]
The post “Less Hawkish” RBA Weighs on AUD/NZD appeared first on Action Forex.
Much like the computer industry at large, Michael Dell’s wealth has grown substantially in the 40 years since he started selling computer parts from his dorm room at the University of Texas. The way Michael Read more…
Ford Motor Co. (F) recently halted production of its F-150 electric pickup trucks until early January 2025 after sales for the model slipped in October. If you’re looking for alternatives, there are other electric pickup Read more…
McDonald’s (MCD) is switching gears during a time when an alarming consumer trend is hurting its pockets. An increasing number of consumers, convinced inflation at fast-food restaurants is out of control, are opting instead to Read more…