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Latest fromMonetary Policy
<i>Brian Fallow :</i> Bollard's cut and paste job no bad thing
It does not inspire confidence to have wild swings in the central bank's view of the economic outlook and what it is likely to do.
OCR stays at 2.5pc, rates steady till mid-year
The Reserve Bank has left the Official Cash Rate unchanged at 2.5pc, and again said it may be the middle of this year before they rise.
NZ dollar touches new five-month low as US sheds more jobs
The New Zealand dollar touched a new five-month low of 68.17 US cents overnight.
<i>Brian Fallow: </i> Alan Bollard's photocopy OCR
Brian Fallow: This morning's interest rate decision for the Reserve Bank is almost a photocopy of the last one on December 10.
Bollard may hold to mid-year timing for OCR hike, start in April
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.