Why the RBNZ could pull surprise interest rate hike
Rob Hosking Fri, 12 Jul 2013
Don’t rule out a surprise rate hike by the Reserve Bank.
While governor Graeme Wheeler’s last official statement was there is not likely to be any change to the official cash rate (OCR) this year, there are growing reasons for an earlier hike.
The OCR is at a historic low of 2.5%, and
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