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Reserve Bank governor Graeme Wheeler opted for wait and see this morning, holding off hiking the official cash rate from its record low of 2.5%.
The OCR has been at that level since March 2011 and is at a level more normally associated with an economy in need of monetary
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Rob Hosking
Thu, 30 Jan 2014
Thu, 30 Jan 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Wheeler holds OCR but signals hikes 'soon'
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