Turmoil means Bollard sitting tight till December
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Interest rate rises from the Reserve Bank are now off the agenda until December – at the earliest – as global financial market turmoil takes its toll on local confidence.
That's unless the tumult dies off quickly : in which case, says one leading economist, a rate rise at the next review, on
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Rob Hosking
Tue, 09 Aug 2011
Tue, 09 Aug 2011
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Turmoil means Bollard sitting tight till December
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