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Nick Tuffley: ASB Chief Economist predicts Reserve Bank will hold
Published 10 hours ago
Description
ASB's latest outlook says New Zealand's economic recovery is back on track.
Inflation is expected to hit 4.1% in Q2, but the bank says the overall economic picture as "markedly improved".
ASB Chief Economist Nick Tuffley told Mike Hosking that, "We do think it will still be tight, but we do think that the Reserve Bank will lean on remaining on hold."
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