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Reserve Bank of New Zealand Governor Brehman: We are groping our way forward in policy to determine the level of the neutral interest rate.

2026-07-08

Reserve Bank of New Zealand Governor Brehman: We are groping our way forward in policy to determine the level of the neutral interest rate.

Other News
2026-07-08

At the morning open most-active China futures rose. Shanghai crude (SC) jumped over 4%; fuel oil and low‑sulfur fuel oil (LU) climbed more than 3%; benzene and styrene (EB) gained over 2%; polypropylene rose nearly 2%; caustic soda and container-ship

At the morning open most-active China futures rose. Shanghai crude (SC) jumped over 4%; fuel oil and low‑sulfur fuel oil (LU) climbed more than 3%; benzene and styrene (EB) gained over 2%; polypropylene rose nearly 2%; caustic soda and container-shipping European-route freight were up more than 1%. On the downside, asphalt slid over 3%; Shanghai silver, soda ash and red dates fell more than 1%; live hogs edged down about 1%.
2026-07-08

Axios confirmed the Commerce Department has approved OpenAI to broadly release its GPT-5.6 model. OpenAI expects to roll out GPT-5.6 this week after completing additional testing and meetings with government officials. Testing was carried out by the

Axios confirmed the Commerce Department has approved OpenAI to broadly release its GPT-5.6 model. OpenAI expects to roll out GPT-5.6 this week after completing additional testing and meetings with government officials. Testing was carried out by the Commerce Department’s AI Standards and Innovation Center, and OpenAI left technical staff in Washington to answer questions. Last month OpenAI was limited to phased releases to government-approved entities, a restriction similar to that placed on Anthropic’s Mythos and Fable models; OpenAI said phased release was not its preferred approach. Companies and regulators are operating ahead of final model-release standards required by President Trump’s recent AI executive order.
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