This blog was dedicated to the monitoring of latest developments in Central, Regional and Local politics from its base in New Zealand's capital city, Wellington. The blog was run by a team with unique insights into latest developments. The Hive was not politically aligned, but did support policy that was best for the growth of business and the economy. Given the obvious interest from our readership The Hive from time to time delved into the politics of other countries or regions.
Feb 28, 2008
Pressure On RB To Start Thinking Cuts
The implications of the latest proof of the drop in business confidence are potentially very negative for the economy. This will put pressure on the Reserbe Bank to be looking a cuts here, for the same reason the Fed is cutting in the US. This item from Morning Report is worth a listen.