New Zealand ETF at Crossroads as Rate Hikes Loom
December 12, 2013 at 00:22 AM EST
The temerity of the Reserve Bank of New Zealand is praiseworthy. While developed market central banks from Brussels to Sydney to Tokyo to Washington, D.C. have engaged in some type of easy monetary policy, either via low interest rates, asset purchases or both, RBNZ has held steady. At 2.5%, New...
