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![Bulls firmly in charge on world markets](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bulls firmly in charge on world markets
Investors just can't seen to help themselves - and pay no attention to the barrage of bad news.
![<i>Fran O'Sullivan</i>: We're in deep, but let's not be a Pig](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Fran O'Sullivan</i>: We're in deep, but let's not be a Pig
John Key yesterday displayed all the characteristics of a man deeply afflicted with political Tourette's syndrome.
![China adds to positive tone on world markets](/pf/resources/images/placeholders/placeholder_l.png?d=793)
China adds to positive tone on world markets
Equities on Wall Street began the final five-day trading week of the year on a positive note amid takeover news and optimism about the global economy.
![Printing error produces a billion unusable US$100 bills](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Printing error produces a billion unusable US$100 bills
As many as 30 per cent of the notes, printed at a cost of roughly $120m, have been left with a blank strip on their face.
![<i>Brian Fallow:</i> Good news, bad news](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Brian Fallow:</i> Good news, bad news
If the good news is that the Reserve Bank expects rates to be lower for longer, the bad news is why it thinks that.
![Bollard holds OCR, flags slower path for rate rises](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard holds OCR, flags slower path for rate rises
Reserve Bank Governor Alan Bollard isn't expected to start hiking interest rates again until the middle of next year after he held the official cash rate at 3 per cent today.
![<i>Bernard Hickey - </i> Bollard bets on end to housing love affair](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Bernard Hickey - </i> Bollard bets on end to housing love affair
I worry that the banks are trying to unleash those animal spirits in the housing markets again.
![Bollard leaves OCR at 3pc](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard leaves OCR at 3pc
The Reserve Bank has left the Official Cash Rate on hold at 3 per cent. In his Monetary Policy Statement, Governor Alan Bollard said the pace of economic growth 'appears to have moderated'.