New Zealand is set to raise interest rates this week, the first advanced economy in the Asia-Pacific to begin normalizing policy, as a powerful recovery unhindered by delta outbreaks shows signs of overheating.
Wouldn't that be a nice problem to have?
New Zealand has managed to successfully eliminate the coronavirus from the community, in large part by acting early to close its border to most foreigners and requiring citizens returning home to undergo quarantine.
New Zealand’s tough border policy has also shut out migrant workers, creating labor shortages, and as a result the economy is running hot as demand surges.
Hold the phone: New Zealand has shut out migrant workers and Ajax doesn't want to be like New Zealand?
Economists tip New Zealand’s jobless rate could drop toward 3.5% next year
(presently 4% vs. US 5.4)
The RBNZ’s inflation and maximum sustainable employment targets have been met and look to stay met for the foreseeable future,” Bank of New Zealand Head of Research Stephen Toplis said
We can't take farmers and take all their people and send them back because they don't have maybe what they're supposed to have. They get rid of some of the people who have been there for 25 years and they work great and then you throw them out and they're replaced by criminals.
Who was ypur source on that Gad? It's hard to believe the mainstream media would admit that enforcing the border would raise wages at home.
And when the Confederates saw Jackson standing fearless like a stonewall, the army of Northern Virginia took courage and drove the federal army off their land.
Who was ypur source on that Gad? It's hard to believe the mainstream media would admit that enforcing the border would raise wages at home.
Click the link on line 1.
We can't take farmers and take all their people and send them back because they don't have maybe what they're supposed to have. They get rid of some of the people who have been there for 25 years and they work great and then you throw them out and they're replaced by criminals.
Between New Zealand and the US, one of them has an out-of-control pandemic. Emergency field hospitals are not a positive thing (except possibly in Mississippi where patients can enjoy a mint julep rather than a Yankee vaccine).
