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<i>NZ Dollar Outlook:</i> Kiwi to have run at US80c
The New Zealand dollar will try to break above 80 US cents this week after the Federal Reserve said it will start printing US$600 billion.
Bernanke's policy push means week of reckoning ahead
Ben Bernanke is set to embark on an unprecedented second round of unconventional monetary easing.
OCR stays steady at 3pc
The Reserve Bank has left the Official Cash Rate on hold at 3 per cent.
Sigh of relief on Wall St overnight
Shares on Wall St advanced overnight, helped by better-than-expected results from Citigroup and expectations the Federal Reserve would further ease monetary policy.
Govt claims credit for six-year inflation low
The Government is claiming credit for low price rises, saying people have more money in their pockets on the back on low inflation and increasing wages.
Annual inflation 1.5pc, lowest since 2004
Latest inflation stats show a 1.1pc rise in the CPI for the September quarter, which means an annual inflation rate of 1.5pc.
Tame inflation may show high dollar is doing Bollard's work
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
Economic recovery 'brittle' - Bollard
The economic recovery is proving 'brittle, uncertain, and full of surprises', Reserve Bank Governor Alan Bollard says.
NZ dollar holds above 75c as China toughens up on banks, Fed speaks
The New Zealand dollar held above 75 US cents as the greenback rallied after China boosted the level of cash that six of its biggest banks need to keep on hand.