Wednesday Aug 14, 2024

New Zealand Cuts Cash Rate, Investing in Chaotic Markets, UK Wage Growth Slowdown

The Reserve Bank of New Zealand surprises economists with a cash rate cut. Learn how to invest in chaotic markets and navigate volatility. Explore the implications of the UK wage growth slowdown. Plus, stocks surge amid key inflation data.

Sources:
https://www.cnbc.com/2024/08/14/reserve-bank-of-new-zealand-cuts-cash-rate-by-25-basis-points.html
https://www.economist.com/finance-and-economics/2024/08/13/how-to-invest-in-chaotic-markets
https://www.independent.co.uk/news/uk/home-news/wage-growth-bank-of-england-interest-rates-b2595551.html
https://finance.yahoo.com/video/stocks-close-higher-surging-amid-201127993.html

Outline:
(00:00:00) Introduction
(00:00:40) Reserve Bank of New Zealand cuts cash rate by 25 basis points
(00:03:00) How to invest in chaotic markets
(00:06:18) Slowdown in wage growth ‘clears the path for more interest rate cuts’ this year
(00:09:22) Stocks close higher, surging amid key inflation data

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