Many people have noticed their kiwisaver balances have taken a hit in recent months. Share markets have had a roller coaster ride driven by rising interest rates, Brexit, trade tensions between the US and china, the US government shutdown and fears of a recession..
But the markets took off with a hiss and a roar this morning after the latest statement from the US Federal Reserve. But will it last ?
RNZ's Business Editor Gyles Beckford explains what has happened.
The US Federal Reserve seal Photo: AFP
