Economic Weekly: Thursday Thrills
- Thursday morning is the time to get up early, make a coffee, and see if the US Fed cuts rates by 25bp at 6:00am
- Markets have 35bp priced in out of the view there is a good chance the Fed does what no other major central bank has done and start easing with a big bang instead of central banker measuredness
- Attention will – probably – then turn to Thursday’s NZ Q2 GDP figure. We are picking -0.3% qoq, which is not a great figure to be forecasting
Contact us
Mark Smith
Senior Economist
Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.
His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.
Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.
Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.
When not at work Mark likes to travel, keep fit and spend time with his friends and family.
- Email: Mark
