Posted by Jane Turner, ASB Economist in 'Economy' : 16 March 2010, 11:31AM
Economic Note: Dicing up the chunks from Jane Turner, ASB Economist
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  • The OCR remains on hold at 2.5%, ‘middle of 2010’ assessment for rate hikes unchanged. 
  • RBNZ lowers peak in 90-day track as bank funding costs likely to persist. 
  • We continue to expect the RBNZ to hike 25bp in June, as inflation outlook less comfortable.

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