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Economics
6 mins to read

‘Relatively robust’: Hard economic landing avoided, HSBC says

Senior economists speak with NBR about the state of the global economy and outlook for New Zealand.

WATCH: HSBC's Fred Neumann & Paul Bloxham speak with Jonathan Mitchell.

Key points
  • What’s at stake: Whether the world has avoided a hard economic landing after a prolonged period of high interest rates and stubborn inflation. 
  • Background: Central banks are starting to ease interest rates, including the RBNZ and the Federal Reserve, among others, while the RBA is in no hurry to cut.  
  • Main players: HSBC, Paul Bloxham, Fred Neumann, RBNZ, RBA, Federal Reserve, Donald Trump, Kamala Harris, US, NZ, Australia, India, ASEAN.

 

The world has largely avoided a hard economic landing as global central banks start to trim interest rates now that inflation is heading south, economists at HSBC tell NBR.

Australia and New Zealand chief economist Paul Bloxham, along with chief Asia economist Fred Neumann, visited New Zealand this

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Jonathan Mitchell Wed, 25 Sep 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: Whether the world has avoided a hard economic landing after a prolonged period of high interest rates and stubborn inflation. 
  • Background: Central banks are starting to ease interest rates, including the RBNZ and the Federal Reserve, among others, while the RBA is in no hurry to cut.  
  • Main players: HSBC, Paul Bloxham, Fred Neumann, RBNZ, RBA, Federal Reserve, Donald Trump, Kamala Harris, US, NZ, Australia, India, ASEAN.

 

‘Relatively robust’: Hard economic landing avoided, HSBC says
Economics,
105964
true