RBNZ’s Wheeler: Markets analyzing impact of Trump win on trade

The Reserve Bank of New Zealand (RBNZ) Governor Wheeler was on the wires an hour ago, making a scheduled speech in parliament, after announcing a 25 bps rate cut at its cash rate decision earlier on the day.

Key Headlines via Reuters:

Markets decided fairly easy to put fiscal policy through with GOP house wins

People are trying to work out what Trump win means for fiscal policy, infrastructure spending, tax cut

Markets also analyzing impact of Trump win on trade

People need to focus in the near term on the US position on trade reform

US needs to think very seriously about its trade leadership in the Asia Pacific

Key Headlines via Bloomberg:

Signs of inflation emerging in US, China

Long term inflation expectations well anchored

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