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Letter "T" » Tim Bowring Quotes
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«The significant drop in residential approvals (excluding apartments) suggests the impact of consecutive rate hikes in late 2005 may be finally taking hold, although we remain wary of calling a downward trend after just one month of negative data in this volatile series.»
Author: Tim Bowring
«The New Zealand dollar continues to be hampered by the recent swag of weak economic data. We suspect the currency will continue to come under pressure.»
Author: Tim Bowring
«The news will be frowned on by the Reserve Bank, which has yet to see a sustained easing in the housing market.»
Author: Tim Bowring
«Plunging business confidence and easing consumption should suppress import growth. Should the economic slowdown be more pronounced than expected, the trade deficit may have benefited.»
Author: Tim Bowring
«With successive (interest) rate hikes in late 2005, inflation easing and the domestic economy in a slowdown phase, we believe the Reserve Bank will keep rates on hold over the near-term.»
Author: Tim Bowring
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