US Fed prepares to cut rates as health of NZ economy revealed

The world’s most influential central bank is widely expected to announce its first interest rate cut in four years this week, while here at home the release of June quarter GDP, though now almost three months out of date, will give investors an updated read on the state of the NZ economy.
For the US Federal Reserve, the decision has now taken on additional significance having become a case of not whether to cut, but by how much?