New Zealand's economic growth surprised on the upside last quarter, posting stronger output than most analysts expected. The rebound came after a contraction in Q2, but recent rate cuts appear to be gaining traction. Lower borrowing costs are feeding through the economy and supporting demand across key sectors. The data points to a turnaround underway, though recovery remains gradual. For investors tracking macro trends, the shift from contraction to expansion—especially driven by monetary easing—signals changing conditions in developed markets. Central bank policy continues to be the main game-changer, influencing everything from consumer spending to capital flows. How economies in major regions perform often ripples through asset markets, making these growth figures worth monitoring.