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26 May 2022 17:23
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  •   Home > News > Business

    The impact of Omicron's being felt, both on international markets and those at home

    The impact of Omicron's being felt, both on international markets and those at home


    ANZ economist Finn Robinson says our sharemarket took a big knock yesterday.

    He says inflation is high so central banks will have to take away the punchbowl of low interest rates, which is bothering markets and is going to weigh on the economy.

    Robinson says people are expecting US interest rates to go up, which reduces people's appetite for risk, and flows through to New Zealand shares.

    © 2022 Newstalk ZB, NZCity

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    Blues coach Leon MacDonald insists they're not disrespecting the Waratahs by making wholesale changes for their final round match in Sydney More...


    BUSINESS BUSINESS
    The cost to fix Wellington's Town Hall has blown out by a further 37 million dollars More...



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