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VIEW: BNZ suggest that "at face value, the.....>

RBNZ
RBNZ: VIEW: BNZ suggest that "at face value, the case for the RBNZ to hold
policy steady at its August Monetary Policy Statement appears quite
straightforward. The balance of developments since its previous May projections
have tended to be on the better side of expectations. This argues for the LSAP
limit to stay at $60b for the time being, given that provides plenty of headroom
at present. The OCR is expected to stay at 0.25% for quite some time. But there
remains much to monitor, including obvious offshore risks."
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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