MNI: Markets Overestimating Lower OCR - Ex-RBNZ Officials

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Sep-25 04:50By: Daniel O'Leary
RBNZ

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New Zealand's Q2 GDP miss is unlikely to push the Reserve Bank to lower the 3% Official Cash Rate below 2.5% without weaker inflation data, former RBNZ officials told MNI, noting recent market pricing had likely overreacted to the economic growth mis...