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Reserve Bank sits on the fence with interest rates

Risks to economy evenly balanced.

Brent Edwards Wed, 13 Feb 2019

The Reserve Bank has left the official cash rate (OCR) unchanged at 1.75% but has given no indication it might consider cutting rates in the future.

Instead in its decision today it says rates could go up or down.

In the February monetary policy statement it says while a more pronounced

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Contact the Writer: brent@nbr.co.nz
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Reserve Bank sits on the fence with interest rates
Politics,
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