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No sign of OCR increases: Economists

Thursday 22nd of January 2015
It was revealed yesterday that the CPI contracted 0.2% in the final quarter of last year, bringing annual inflation to 0.8%, below the Reserve Bank’s target band.
Bank economists said that meant borrowers with home loans would not need to worry about interest rate rises any time soon.
Westpac’s economists said they expected inflation to stay below 1% until the end of...
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