Yep, the employment data out of New Zealand this morning were very strong indeed: New Zealand employment data
The Wall Street Journal has posted this report (this is what the US will be reading when they wake up tomorrow) with:
- one of the last areas of concern for New Zealand’s central bank is vanishing, opening the way for a series of cash rate increases in 2014.
- Latest data supporting the view that there has been a sharp pickup in growth in the three months through Sept. 30.
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ANZ expects hikes to begin in March
- Inflation is still low, so there is no immediate cause to hike rates
- Concerns about property price growth, though
