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In theory Bollard should lift the OCR but …

Tue, 08 Jun 2010

Three weeks ago, most economists regarded a raise of the official cash rate (OCR) this Thursday a near certainty.

With the domestic economy mostly on the mend, and with inflation already at 2%, Reserve Bank governor Alan Bollard was seen as being almost definitely set to raise the rate from its

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In theory Bollard should lift the OCR but …
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