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The Reserve Bank of New Zealand warned that....>

RBNZ
RBNZ: The Reserve Bank of New Zealand warned that domestic interest rates could
rise if funding costs for banks' rise even though monetary policy is not
expected to tighten for some time. Funding costs can increase quickly if higher
global growth causes inflationary pressures to rise in New Zealand or if higher
global risk premiums increased New Zealand banks' funding costs, the RBNZ said,
in the semi-annual Financial Stability Report published Wednesday.
- For full story see MNI Main Wire at 22:54 BST 05/29, or for full access email:
sales@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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