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Reserve Bank won’t cut rates in 2024

February 14, 2024 - 13:30 -- Admin

Late last month, the weaker-than-expected Q4 CPI inflation print flamed expectations that the Reserve Bank of New Zealand may soon cut the official cash rate (OCR). Headline CPI inflation fell quicker than the Reserve Bank’s projections in Q4:   Core Inflation also fell swiftly: . While the breadth of inflation plummeted: The New Zealand economy

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