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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' ....

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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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Economy – Interim Financial Statements of the Government of New Zealand for the six months ended 31 December 2023 – The Treasury

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Spending limits for next Budget to be revealed

Finance Minister Nicola Willis will reveal the date of the Budget and the Budget Policy Statement on Monday, when she appears before Parliament’s Finance and. ....

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