New Zealand Finance Minister says no current need for fuel restrictions and government updates national fuel plan with a four-phase response framework, says New Zealand is well-positioned for global shocks
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Fed's Barr (voter) says he has particular concern for long-run inflation expectations, adds the longer inflation remains above 2%, the greater the risk that it becomes entrenched
New York Fed's Perli says reserve management buying is likely to be tapered after April tax date
New Zealand Finance Minister says no current need for fuel restrictions and government updates national fuel plan with a four-phase response framework, says New Zealand is well-positioned for global shocks
Pernod Ricard (RI FP) is in talks to merge with Jack Daniel's maker Brown-Forman (BF.B), according to WSJ
Fed's Miran (voter) says Fed could cut balance sheet by USD 2tln without market turmoil, adds easing liquidity regulations could aid balance sheet cuts and Fed balance sheet reduction could take several years
On the Newsquawk feed at , 20 minutes before this page.
Context
The New Zealand Finance Minister's remarks indicate a proactive stance on energy management, revealing the government's framework to address potential global shocks without immediate restrictions. This suggests a stabilizing outlook for New Zealand's energy sector, potentially mitigating risks and supporting economic resilience, which could have positive implications for local assets and markets.
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