Government must help Reserve Bank fight inflation - Christopher Luxon
Synopsis by RNZ Nov 23 22
National Party leader Christopher Luxon says everything in its tax policy but indexed tax brackets is now under review, after today's cash rate rise.Read full article 
NZ Herald: Thomas Coughlan: Labour’s chances of winning in 2023 took a beating today
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| Last Updated | Nov 23 22 |
| Total Articles | 5 |
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Government must help Reserve Bank fight inflation - Christopher Luxon: National leader says the Government needs to step up in the inflation fight
nzherald.co.nz/nz/politics/government-must-help-reserve-bank-fight-inflation-christopher-luxon/LFYRQUZDHNHTTJA7PLFZTEB2PM/
National’s tax policy under review post-OCR hike, Luxon says: The Reserve Bank today lifted the OCR to 4.25 per cent.
nzherald.co.nz/nz/nationals-tax-policy-under-review-post-ocr-hike-luxon-says/EMSOAPJF6NFATCOQSCMRCDTXOU/
National's tax policy under review post-OCR hike, Luxon says: National Party leader Christopher Luxon says everything in its tax policy but indexed tax brackets ...
rnz.co.nz/news/political/479343/national-s-tax-policy-under-review-post-ocr-hike-luxon-says
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Government must help Reserve Bank fight inflation - Christopher Luxon: National leader says the Government needs to step up in the inflation fight
nzherald.co.nz/nz/politics/government-must-help-reserve-bank-fight-inflation-christopher-luxon/LFYRQUZDHNHTTJA7PLFZTEB2PM/
National’s tax policy under review post-OCR hike, Luxon says: The Reserve Bank today lifted the OCR to 4.25 per cent.
nzherald.co.nz/nz/nationals-tax-policy-under-review-post-ocr-hike-luxon-says/EMSOAPJF6NFATCOQSCMRCDTXOU/
National's tax policy under review post-OCR hike, Luxon says: National Party leader Christopher Luxon says everything in its tax policy but indexed tax brackets ...
rnz.co.nz/news/political/479343/national-s-tax-policy-under-review-post-ocr-hike-luxon-says
Nats take tax policies back to drawing board: National Party leader Christopher Luxon says everything in its tax policy but indexed tax brackets is now under ...
odt.co.nz/news/national/nats-take-tax-policies-back-drawing-board
NZ PM Says Fiscal Restraint Key to Taming Prices, Stoking Growth: New Zealand needs to check government spending for it to successfully tame inflation ...
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US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
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bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
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- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
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Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president
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- Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
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- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Never forget the politicians who pushed gender politics: Scores of MPs are seeking to carry out a rapid repositioning on gender politics in the wake of the ...
spectator.co.uk/article/never-forget-the-politicians-who-got-gender-politics-wrong/
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
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