Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. Wheeler gave a balanced view of the economy in a speech to an ExportNZ/Tauranga Chamber of Commerce meeting. While repeating …

New Zealand has been a hot topic for international TPP discussion as negotiation’s end draws near. ForeignPolicy.com has a tidy summary of what’s standing in the way of TPP as negotiations head toward their final stages, with coverage of Canada’s standoff with the United States and New Zealand over dairy. Here are the Remaining Hurdles to Obama’s Massive Asia Trade …

The New Zealand dollar rose ahead of a speech by Reserve Bank governor Graeme Wheeler, on speculation he may soften his language about an easing bias, and after stocks rebounded and commodities gained. The kiwi dollar rose to 66.77 US cents as at 8am in Wellington, having earlier gained to as high as 67.08 cents, from 66.61 cents late yesterday. The trade-weighted index rose to …