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![Bollard lifts OCR, future hikes likely to be less](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard lifts OCR, future hikes likely to be less
While increasing the OCR this morning, Reserve Bank Governor Alan Bollard has indicated that future hikes won't be as aggressive as earlier tipped.
![NZ dollar tumbles despite interest rates hike](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar tumbles despite interest rates hike
The NZ dollar has tumbled this morning, after Reserve Bank governor Alan Bollard signalled that future interest rate rises will be more modest than earlier indicated.
![NZ dollar jumps to six-month high](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar jumps to six-month high
The NZ dollar climbed to a six-month high as a surge in new home sales in the US stoked investors' appetite for higher-yielding, or riskier, assets.
![<i>Dollar Outlook: </i> Kiwi may gain as rate decision looms](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Dollar Outlook: </i> Kiwi may gain as rate decision looms
The New Zealand dollar may advance as traders eschew an out-of-favour greenback and seek growth assets Downunder this week.
![OCR hike tipped for next week](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR hike tipped for next week
The Reserve Bank is tipped to raise the Official Cash Rate next week, despite lower than expected economic growth.
![Solid US earnings fails to ease concerns](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Solid US earnings fails to ease concerns
Solid earnings data from corporate America has done little to ease investors' concerns that growth in the world economy is slowing.
![Interest rates tipped to rise despite CPI dip](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Interest rates tipped to rise despite CPI dip
Economists expect the Reserve Bank will raise interest rates further late this month, despite lower than expected inflation figures.
![Inflation now 1.8pc - lower food prices offset tobacco hike](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Inflation now 1.8pc - lower food prices offset tobacco hike
New CPI figures show prices rose 0.3 per cent for the June 2010 quarter, meaning annual inflation is running at 1.8 per cent.