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U.S. Treasury Secretary Bessent: Growth is the foundation of sustained prosperity.

2026-09-02

U.S. Treasury Secretary Bessent: Growth is the foundation of sustained prosperity.

Other News
2026-09-02

Qidian Guofeng (01280.HK) shares briefly rose over 54% intraday; gains have narrowed to 42%.

Qidian Guofeng (01280.HK) shares briefly rose over 54% intraday; gains have narrowed to 42%.
2026-09-02

BNZ says a September RBNZ hike is effectively certain and that the central bank will signal further tightening until the cash rate reaches or exceeds neutral; RBNZ’s published implied peak is about 3.5%. BNZ’s baseline is 25bps hikes at every meeting

BNZ says a September RBNZ hike is effectively certain and that the central bank will signal further tightening until the cash rate reaches or exceeds neutral; RBNZ’s published implied peak is about 3.5%. BNZ’s baseline is 25bps hikes at every meeting, taking the cash rate to 4.0% by May 2027. Downside risks include a sharper slowdown from a potential El Niño-driven recession, election-related delayed rebound and a broader global asset-price correction; upside risk is structurally persistent inflation that may ignore policy moves. BNZ cites RBNZ’s July wording that policy “may still need to further reduce monetary stimulus” and expects inflation to remain above target through mid-2027, forecasting Sep-quarter YoY CPI at 3.7% versus RBNZ’s 3.3%.
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