Bollard likely to raise OCR

An article by Brian Fallow in the NZ Hearld which alludes to the fact that there has been “weaker-than-expected data on growth and inflation are inclining him towards a lower trajectory for interest rates, compared with the bank’s June monetary policy statement.”
Is the NZ economy in a position where a rise in interest rates would stifle any recovery? Let us wait and see. Click here for the article

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