Here are some ways a Fed rate cut could impact Kiwis:
- Increased value of the New Zealand dollar: A Fed rate cut could lead to a decrease in the value of the US dollar, making the New Zealand dollar more valuable in comparison.
- Reduced interest rates: A Fed rate cut could lead to reduced interest rates in New Zealand, making borrowing money cheaper for Kiwis.
- Improved trade conditions: A Fed rate cut could lead to improved trade conditions for New Zealand, making it easier for Kiwis to export goods and services.
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