We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Maori money

13 December 2005

If the Fed continues raising rates, the yield curve is likely to invert next spring. This will not necessarily hurt the US economy. The example of New Zealand shows that rising shortterm rates attract hot money flows, boosting home prices and consumer spending.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)