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Reserve Bank done and dusted with rate hikes

November 20, 2023 - 14:00 -- Admin

The Official Cash Rate (OCR) forecast of ANZ economists has been revised downwards, and they no longer expect the Reserve Bank of New Zealand to lift the OCR above its current level of 5.50% at its February meeting. ANZ’s chief economist, Sharon Zollner, said that it appeared “much less likely” that the inflation rate for

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