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Economic hope on the horizon?

Summary by Times
Finance Minister Nicola Willis, left, says the Government’s policies are having a positive impact. Times file photo The Reserve Bank of New Zealand’s (RBNZ) recent decision to reduce the Official Cash Rate (OCR) by 50 basis points has been welcomed by the Government as a sign the economy is heading in the right direction. The RBNZ says inflation has declined and is close to the midpoint of its 1-3 per cent target band. If economic conditions evo…
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EconomyEconomy
InflationInflation
New ZealandNew Zealand
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