New Zealand's unemployment rate remained at 5.1% in Q1, lower than the forecast of 5.3%. Wage growth eased to 0.4% from 0.6% and employment change rose 0.1%. The data supports further rate cuts from the RBNZ. In the US, the Fed is virtually certain to holds rates at today's FOMC meeting.
07-05-2025 09:25 GMT
by Kenneth Fisher