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VIEW: ASB note that they "have pencilled in....>

RBNZ
RBNZ: VIEW: ASB note that they "have pencilled in a 25bp OCR cut for 2020, but
acknowledge that the odds of the OCR moving lower have reduced in recent months.
With inflation seemingly entrenched close to the inflation target midpoint and
the labour market looking well behaved, the OCR could stay at 1% for a while
yet."
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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