NZD: Higher inflation prompts rate hike call

The Reserve Bank should start to lift the official cash rate (OCR) this month, after higher than expected inflation figures, ANZ says. Inflation hit 1.6 per cent in the 2013 year, with an unexpected surprise 0.1 per cent lift in the December quarter, when economists had picked prices to drop. …

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NZD: Higher inflation prompts rate hike call

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