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    Reserve Bank Of New Zealand Raises Rates To 7-Year High

    Reserve Bank Of New Zealand Raises Rates To 7-Year High

    FromSchwab Network

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    Reserve Bank Of New Zealand Raises Rates To 7-Year High

    FromSchwab Network

    ratings:
    Length:
    11 minutes
    Released:
    Oct 5, 2022
    Format:
    Podcast episode

    Description

    The Reserve Bank of New Zealand hiked rates by 50BPS for the fifth straight time. "Currency markets are expecting central banks to remain aggressive considering the inflation risk. The Federal Reserve and the Reserve Bank of New Zealand do not care about a recession. Outside of Japan, the British Pound participated in yield curve control. This is not a good thing long-term," says Bob Iaccino.
    Released:
    Oct 5, 2022
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.