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Politics
5 mins to read

Reserve Bank confident it will tame inflation

New RBNZ chief economist dismissed fears of 'stagflation'.

Paul Conway speaks with Brent Edwards

Brent Edwards Tue, 31 May 2022

Businesses are being urged to invest more in capital and technology even as interest rates continue to rise.

The Reserve Bank has lifted the official cash rate to 2% and signalled it would go as high as 4% next year. It forecasted mortgage interest rates of about 6% but business lending rates are

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Reserve Bank confident it will tame inflation
Politics,
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