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RBNZ pushes out the likely date of next OCR move to 2021
Reserve Bank governor Adrian Orr has held his official cash rate steady, as expected, and essentially repeated the language from his last review in November, saying he expects to hold it where it is through 2019 and 2020 and that the next move could be either up or down.
The OCR currently sits at its record low of 1.75 percent where it has been since November 2016.
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