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RBNZ Cools OCR Cut Expectations

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of New Zealand tried to cool expectations of further cut of the official cash rate in light of low inflation, which currently stays around zero, saying 'it would be inappropriate to attempt to offset the low oil price effect through the OCR'. Instead, the central bank takes[​IMG]

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