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New Zealand Institute of Economic Research.....>

RBNZ
RBNZ: New Zealand Institute of Economic Research writes: "NZIER's Monetary
Policy Shadow Board has adjusted their recommendation in the wake of the Reserve
Bank's OCR cut in May. The NZIER Shadow Board recommends the Reserve Bank should
leave the OCR on hold at the OCR Review on Wednesday. However, there have been
mixed views as to whether the OCR should have been cut in the first place.
Nonetheless, an easing bias remains amongst the NZIER Shadow Board."

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