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Reserve Bank expected to signal OCR hike

Market will read between the lines when Reserve Bank releases its latest monetary policy review.

The market may have already priced in a November increase in interest rates, but today’s monetary policy review by the Reserve Bank still has room to surprise.

For now, the Official Cash Rate (OCR) sits at a record low of 0.25% with an indication from the bank (most recently in May) that it

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Daniel Riordan Wed, 14 Jul 2021
Contact the Writer: daniel@nbr.co.nz
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Reserve Bank expected to signal OCR hike
General Business,
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