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RBNZ: why this week's OCR cut should be the last

Under normal circumstances a central bank would not be cutting interest rates right now.

Tue, 08 Nov 2016

The Reserve Bank will cut the cash rate this Thursday: Barring major global turmoil, that will probably be the final cut in the current cycle.

Of course, major global turmoil can hardly be ruled out over coming months, given political uncertainties in the US, the aftermath of the Brexit vote in

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RBNZ: why this week's OCR cut should be the last
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