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Economists unruffled by OCR statement

Thursday 26th of July 2012
Westpac said the Reserve Bank decision to leave the Official Cash Rate at 2.5% hadn’t affected its prediction that the first increase would be in July 2012.
Bank economists said the decision by Alan Bollard was most notable for how little had changed since the last announcement in June.
Bollard said: "New Zealand's trading partner outlook remains poor, with s...
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