James Glynn

Sydney

Senior Economics Reporter at The Wall Street Journal

Senior Economics Reporter at Dow Jones Newswires

Senior Economics Reporter Dow Jones/Wall Street Journal/RBA Watcher. Has covered the Australian economy for more than 35 years. #Collingwood #drums #Shakespeare

Articles

RBNZ Cuts Rates, Warns of Coming Slowdown in Global Growth

1 week ago | wsj.com | James Glynn

SYDNEY—The Reserve Bank of New Zealand cut interest rates further Wednesday in a bid to stoke an economic recovery that some economists are warning is under threat. The official cash rate was cut by 25 basis points to 3.25%, the latest in a string of cuts that started in mid-2024. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
RBNZ Cuts Rates, Warns of Coming Slowdown in Global Growth

1 week ago | tradingview.com | James Glynn

RBNZ Cuts Rates, Warns of Coming Slowdown in Global GrowthNZBLRSYDNEY--The Reserve Bank of New Zealand cut interest rates further Wednesday in a bid to stoke an economic recovery that some economists are warning is under threat. The official cash rate was cut by 25 basis points to 3.25%, the latest in a string of cuts that started in mid-2024.
Tamed Australian Inflation Keeps Door Wide to RBA Cuts

1 week ago | wsj.com | James Glynn

The April inflation indicator rose 2.4% in the 12 months to AprilSYDNEY—Australia’s consumer inflation remained contained in April, keeping the door open to further interest-rate cuts over coming months. The April inflation indicator rose 2.4% in the 12 months to April, the Australian Bureau of Statistics said Wednesday. Economists had expected a rise of 2.3%. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Australian Consumer Confidence Dips Despite Dovish RBA Cut

1 week ago | tradingview.com | James Glynn

Australian Consumer Confidence Dips Despite Dovish RBA CutSYDNEY--Australian consumer confidence fell last week even as the Reserve Bank of Australia cut interest rates for the first time since February and strongly indicated it will keep easing policy settings over coming months. Consumer confidence fell 1.8 points over the week to 87.0 points, according to a survey by ANZ Bank and pollster Roy Morgan.
New Zealand 1Q Retail Sales Strong But Economic Downturn Looms

2 weeks ago | tradingview.com | James Glynn

New Zealand 1Q Retail Sales Strong But Economic Downturn LoomsSYDNEY--New Zealand retail sales were stronger than expected in the first quarter as interest-rate cuts stoked improved consumer demand and confidence. Still, there are rising doubts about the economic outlook as the country faces growing headwinds from the trade war being pursued by the Trump administration. Retail sales rose by 0.8% over the quarter, beating expectations of a flat result, Stats NZ said Friday.
RBA Upbeat On China’s Ability to Ride Out Trade War

2 weeks ago | wsj.com | James Glynn

China is prepared to ‘face into’ the challenge of a trade war with the U.S., the RBA’s deputy governor saysMay 22, 2025 5:30 am ET|WSJ ProSYDNEY–Australia’s central bank is relatively upbeat on China’s ability to weather a trade war with the U.S., saying the country is prepared to “face into” the challenge while highlighting its ability to stimulate activity and determination to hit growth targets.
RBA Upbeat On China's Ability to Ride Out Trade War

2 weeks ago | tradingview.com | James Glynn

RBA Upbeat On China's Ability to Ride Out Trade WarSYDNEY--Australia's central bank is relatively upbeat on China's ability to weather a trade war with the U.S., saying the country is prepared to "face into" the challenge while highlighting its ability to stimulate activity and determination to hit growth targets.
New Zealand Budget Deficit Set to Worsen Amid Global Growth Fears

2 weeks ago | wsj.com | James Glynn

Net core government debt is expected to peak at 46.0% of GDP in fiscal 2028SYDNEY—The New Zealand government warned Thursday further near-term budget deterioration with the country’s nascent economic recovery at risk from a slowdown in world growth and the potential for ongoing volatility in financial markets.
New Zealand Budget Deficit Set to Worsen Amid Global Growth Fears

2 weeks ago | tradingview.com | James Glynn

New Zealand Budget Deficit Set to Worsen Amid Global Growth FearsSYDNEY--The New Zealand government warned Thursday further near-term budget deterioration with the country's nascent economic recovery at risk from a slowdown in world growth and the potential for ongoing volatility in financial markets.
Three Fed Presidents Warn Don't Expect Recession or Rate Cuts

2 weeks ago | uk.marketscreener.com | Vicky Ge Huang |James Glynn

Three Fed Presidents Warn Don't Expect Recession or Rate Cuts By Vicky Ge Huang Three Federal Reserve Bank presidents said Tuesday that while there's no recession in the forecast, there's no rate cut either. The three presidents each described a cautious approach shaped by uncertainty. Across the pond, the European Central Bank said Wednesday that a sharp increase in uncertainty about a range of government policies, from trade to defense, has put the financial system at risk.