Paphitis wrote:NZ was one of the countries that went in hard and they achieved great results. Australia went even harder. also with great results.
Negative interest rates increase inflation that's an axiom. That's a bad result.
However there isn't much data, if any, of the positive results the negative interest rates might have.
It's quite possible that the overall result is +ve or even highly +ve.
So if you have more details of NZ's great results, do post them.