US interest rate increases unjustified, says analyst predicting reset
An analyst argues recent US interest rate rises are unwarranted and forecasts an upcoming correction.
A financial analyst contends that increases in US interest rates lack justification and predicts an inevitable reset is coming. The commentary also covers implications for the New Zealand and Australian dollars, with the NZD seen as turning positive.
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Increases in US interest rates unjustified – a reset coming
Roger J Kerr sees an inevitable reset in US interest rates, a NZD that is turning positive, and he reviews the prospects for the Aussie dollar