Eurozone anxiety will be too much for Bollard

Key highlights RBNZ to weigh strong domestic growth against growing global risks at September MPS. Growing anxiety over Eurozone debt crisis and slowing US economic growth continues to cloud outlook. Rising global risks sees hurdle too high for an OCR increase this week.   Report prepared by: Christina Leung ASB Economist Phone: +64 9 301 5661 Fax: +64 9 302 0992