Image source: Getty Images There's a benefit to being a salaried employee as opposed to going freelance. When you work for a company, you're commonly entitled to some amount of paid time off. That might entail a week of paid vacation, two weeks, or three. Read More...
Reuters
New Zealand central bank’s Orr does not expect recession
Reserve Bank of New Zealand Governor Adrian Orr said on Wednesday that while growth would slow he did not expect a recession, adding that the central bank believed it was on top of inflation, which has hit three-decade highs. “Through our projection period ahead, whilst we do not forecast at all a recession … we do forecast low GDP growth, below (the) potential growth rate,” Orr told a media briefing after the RBNZ hiked interest rates by 50 basis points. The RBNZ signalled in its policy review it would continue its aggressive tightening, which has seen the cash rate rise by 275 basis points to 3% in less than a year.
