The United States (US) Securities & Exchange Commission (SEC) reached a conclusion "in principle" on Friday to end its legal action against crypto exchange Coinbase, subject to an official vote that may take place next week.
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway noted on Friday, “Official Cash Rate (OCR) forecasts indicate another 75 basis points (bps) easing.” Additional quotes New Zealand Dollar (NZD) drop will boost export revenues.
Reserve Bank of Australia Governor Michele Bullock said late Thursday that the central projection suggests that if monetary policy is eased too quickly or by too much, disinflation could stall and inflation would settle above the midpoint.