From “Fast and Furious” to “Frozen” – RBNZ to keep the OCR on hold

<p>The Reserve Bank will leave the OCR at 5.50% at its July policy review. The RBNZ likely sees recent data as in line with their projected peak in the OCR. The accompanying statement should be concise to avoid misinterpretation. The RBNZ might take the opportunity to communicate a more data-driven future approach than communicated in [&#8230;]</p>
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