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The Reserve Bank s dovish turn - OCR cuts now seen earlier

Reserve Bank leaves Official Cash Rate unchanged at 5.5% and says risks to the inflation outlook are now 'more balanced' but there is a limit to its ability to 'tolerate upside inflation surprises'

Reserve Bank FULL STATEMENT – The Monetary Policy Committee today agreed to hold the Official Cash Rate (OCR) at 5 50%

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Monetary Policy remains restrictive

Monetary Policy remains restrictive
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