- RBNZ raises the OCR by 25 basis points to 2.75%.
- We see upside risks to the RBNZ's inflation projection.
- We expect further removal of stimulus, barring substantial deterioration in NZ funding costs.
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Report Prepared by:
Christina Leung
ASB Economist
Phone: +64 9 369 4421
Fax: +64 9 302 0992
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