
MR - Experts Views
Market still looking for early interest rate rises
Tuesday 10th of November 2009
The announcement of a "huge" lift in the dairy payout forecast for the current season by Fonterra - an increase of 95 cents per kilogram of milk solid - means the rural economy is likely to be in much better shape than anticipated, it says. This news comes as Quotable Value's monthly house price measure "edged" into positive annual growth at 0.2%.
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