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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Business
2 mins to read

Reserve Bank halts monetary stimulus to take heat out of economy

Reserve Bank has made no change to the OCR as expected.

The Reserve Bank has made no change to its Official Cash Rate of 0.25% but is reducing its quantitative easing (QE) programme, citing expectations of rising inflation pressures.  

Bank governor Adrian Orr said the bank will halt its additional asset purchases under the Large scale asset purchase

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Daniel Riordan Wed, 14 Jul 2021
Contact the Writer: daniel@nbr.co.nz
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Reserve Bank halts monetary stimulus to take heat out of economy
Business,
88131
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