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Will tariff turmoil drive NZ interest rates lower still?

  • Global markets were in turmoil on April 7, 2025, due to Trump's tariffs.
  • Sweeping tariffs imposed by U.S. President Trump escalated fears of a global recession.
  • Investors sought safe-haven assets, selling riskier ones like the Australian dollar.
  • Brent Donnelly stated, "The big theme has been selling USD/JPY because U.S. Yields tanked."
  • The yen and Swiss franc gained as the dollar weakened, with the euro also rising.
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KYMA broke the news in on Sunday, April 6, 2025.
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