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Tag: alan bollard

Reserve Bank of New Zealand Hold OCR a 3.0%

Posted on October 28, 2010 by swiggs

The Official Cash Rate has this morning been left on hold by the Reserve Bank at 3 per cent. Such a hold was widely expected, with market economists all but unanimous that Reserve Bank Governor Bollard will not raise the official cash rate again until March next year. The average expectation among 11 forecasters polled…

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