📰 News Alert:

🔖 Title: Reserve Bank must cut in February

🗓️ Published: Thu, 06 Feb 2025 03:00:23 +0000

📄 Summary: The Q4 Labour Force Survey by Statistics New Zealand showed a 0.1% decrease in employment and a 4-year high unemployment rate of 5.1%. This marks the second consecutive quarterly decline in employment, with the New Zealand economy shedding jobs and facing challenges that may prompt the Reserve Bank to consider a rate cut in February.