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OCR cut almost certain: BNZ

Monday 29th of July 2019
Economists at the big-four lender believe the OCR will be slashed to 1.25% with the “door left wide open” for further cuts this year.
The economists, including Stephen Toplis and Craig Ebert, believe GDP growth will fall short of the Reserve Bank’s expectations and anticipate it will be “downhill” for the second half of the year.
In a downbeat note...
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