Economists, Reserve Bank face off over interest rate conundrum in booming economy
Mortgage rates are already on the rise as Reserve Bank says official cash rate could go either way.
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Hawke’s Bay
The Reserve Bank says it’s taking a neutral bias toward the future of interest rates; others say it’s a copout.
The bank’s stance is presumed to result in a push back on market expectations of a rate rise this year.
The NZIER’s latest Quarterly Predictions is one that doesn’t see a rate rise
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Nevil Gibson
Fri, 03 Mar 2017
Fri, 03 Mar 2017
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Economists, Reserve Bank face off over interest rate conundrum in booming economy
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