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What will New Zealand's 'Wheeler of fortune' do?

Monday, July 13, 2015 - 05:50

UNLIKE the US Federal Open Market Committee's consistent message of delaying a rate hike, predictions of the Reserve Bank of New Zealand (RBNZ) hike or cut cycle are far from dull. RBNZ's surprising cut on its Official Cash Rate to 3.25 per cent on June 11 this year caught the market by surprise

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