RBNZ Faces OCR Balancing Act; Data Points To Tight Policy

The Reserve Bank of New Zealand may tweak its policy stance in Thursday’s Monetary Policy Statement to a tightening bias, citing house price gains and a run of recent positive data, economists polled by MNI said. Governor Graeme Wheeler indicated at his last review of the OCR he is likely to keep…

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RBNZ Faces OCR Balancing Act; Data Points To Tight Policy