Actually, we are often out of sync with the rest of the world, either favourably or unfavourably. New Zealand's economic fortunes depend to a significant extent on a relatively narrow range of exported goods and services, and so we often face relatively sharp slow-downs and, on the flip-side, relatively fast accelerations. That is the nature of our economy.
2  Potter, S. “Trends in Foreign Exchange Markets and the Challenges Ahead”, Remarks at the 2015 FX Week Conference, New York City. Available at <https://www.newyorkfed.org/newsevents/speeches/2015/pot150714>. 3  “Benchmarks“, Bloomberg Summit, 18 November 2015. 4  These recommendations were contained in a report published by the FSB that is available at <http://www.financialstabilityboard.org/wp-content/uploads/r_140930.pdf>.