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Blame the weather: New Zealand edition

Discussion in 'Market News' started by ForexLive, Dec 16, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Finance minister says El Nino will cut growth New Zealand fin min Bill English said El Nino could cut 0.3% off GDP. The Fed has repeatedly blamed snow in the winter for lackluster Q1 growth. What they never mention is that better growth later in the year is due to restrained earlier growth in Q1.

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