The Reserve Bank today made a subtle shift towards an increase in the official cash rate.
As expected, governor Graeme Wheeler kept the OCR at 2.5%, and repeated earlier statements that he expects the rate to remain unchanged until the end of the year.
However, today's statement contains
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Rob Hosking
Thu, 25 Jul 2013
Thu, 25 Jul 2013
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RBNZ: Wheeler hints at earlier OCR hike
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