ONLY CHARTS #465
NZ GDP nowcast, NZ & Aus mortgage rates, Aus hours worked vs paid, Canada labour market, US PCE inflation
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1. The RBNZ’s latest nowcast of Q3 GDP growth remained at a health +0.8% q/q.
2. The weighted-average interest rate on outstanding housing loans in New Zealand declined a further 9bps over October. The cumulative fall from the peak is now 111bps.
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