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Outlook still cause for OCR increases
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The softer than expected 0.3% increase in Q2 CPI would be of some comfort to the RBNZ. |
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However, there are clear signs of inflation pressures ahead, which warrant continued reduction of monetary policy stimulus. |
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Read the full PDF report.
Other sites of interest: www.asbsecurities.co.nz www.asb.co.nz www.commbank.com.au
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| In order to read these documents you will need to have Adobe Acrobat Reader. If you do not have this software installed on your computer, please click on the Adobe link to download it. (The software is free of charge). |
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Report prepared by:
Chris Tennent-Brown
CBA NZ Economist
Phone: +64 9 374 8819
Fax: +64 9 302 0992
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