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Reserve Bank Alan Bollard will leave the official cash rate (OCR) at 2.5% when he reviews the rate on Thursday morning.
However Dr Bollard should keep his trigger finger ready. The price of low inflation is eternal vigilance and although underlying inflation remains low, once the recovery
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Rob Hosking
Tue, 26 Apr 2011
Tue, 26 Apr 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Bollard should leave interest rates alone – but for how long?
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