It’s darkest before the dawn

When the Facts Change - A podcast by The Spinoff - Thursdays

Finally, the Reserve Bank of New Zealand started cutting interest rates this year, having moved before everyone else and stayed higher for longer than everyone else. The economy slumped significantly early in the year, remaining firmly in recession since. By August 14, Adrian Orr felt safe enough to cut 25 basis points. Learn more about your ad choices. Visit megaphone.fm/adchoices

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