Today's official cash rate rise will be the last for some time. Reserve Bank governor Graeme Wheeler hiked the OCR from 3.25% to 3.5% this morning, but also says it will stay there until the effect of the run of hikes since March can be assessed.
"It is prudent that there now be a period of
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Rob Hosking
Thu, 24 Jul 2014
Thu, 24 Jul 2014
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Wheeler signals pause in hikes: jawbones dollar down
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