Analysis: Bollard pushes rate rises further back
What a difference six little letters makes.
Reserve Bank governor Alan Bollard this morning removed two three letter words from his previous outlook for the official cash rate (OCR) and in doing so signalled rate rises will be some time away.
In December, Dr Bollard said that "it remains prudent
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Rob Hosking
Thu, 26 Jan 2012
Thu, 26 Jan 2012
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Analysis: Bollard pushes rate rises further back
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