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RBNZ May Cut OCR Further To Boost Inflation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of New Zealand said it may need to slash interest rates further as persistently plunging oil prices and a weaker global growth outlook is likely to keep low inflation for longer. The central bank left its interest rate unchanged at 2.5%, after cutting four times in 2015.[​IMG]

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