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Want low interest rates? Keep the lid on spending

Rob Hosking
Wed, 11 Jun 2014

Reserve Bank governor Graeme Wheeler can only show restraint on interest rate rises if New Zealanders show restraint of their own.

The central bank governor will lift the official cash rate (OCR) again tomorrow, from 3.0% to 3.25% - that is as near a certainty as anything can be in economic

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Rob Hosking
Wed, 11 Jun 2014
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Want low interest rates? Keep the lid on spending
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