Midday Business News for 22 September 2022
Podcast |
Business News
Publisher |
Radio New Zealand
Media Type |
audio
Podknife tags |
Business
New Zealand
Stock Market
Categories Via RSS |
Business
Publication Date |
Sep 22, 2022
Episode Duration |
00:08:26
News from the business sector Fonterra says its full year profit is a good one, considering increased milk costs and ongoing supply chain disruptions. The Westpac McDermott Miller Consumer Confidence index for the September quarter rose nearly 9-points, to 87-point-6, where it was during the global financial crisis. The Federal Reserve stuck to the script and expectations with a 75 basis point rise in its benchmark rate to 3.25 percent with a promise of more to come.

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