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Latest FromReserve Bank of NZ
Other banks expected to follow ANZ cut
ANZ National Bank has slashed its variable home mortgage rates - putting pressure on other banks to follow suit.
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.
OCR tipped to rise by June
Economists are picking the Reserve Bank to start lifting the Official Cash Rate by at least the end of June.