Story perspectives

US Tariffs Spark Inflation Woes and Profit Concerns

4/18/2025

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Summary

Story summary

US tariffs could reduce inflation by decreasing demand, according to Infometrics Chief Forecaster Gareth Kiernan, despite rising essential prices in New Zealand.
The Bank of Canada has paused interest rate cuts, anticipating potential recession and inflation spikes due to uncertainties from US tariffs.
Air New Zealand predicts lower profits from engine issues and plans to generate revenue from unused customer credits, reflecting concerns over US policy impacts.

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Story summary

US tariffs could reduce inflation by decreasing demand, according to Infometrics Chief Forecaster Gareth Kiernan, despite rising essential prices in New Zealand.
The Bank of Canada has paused interest rate cuts, anticipating potential recession and inflation spikes due to uncertainties from US tariffs.
Air New Zealand predicts lower profits from engine issues and plans to generate revenue from unused customer credits, reflecting concerns over US policy impacts.