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RBNZ Governor Breman says near-term inflation expected to be somewhat higher if elevated oil prices persist, adds remains focused on inflation outlook ahead of the October policy decision
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RBNZ Governor Breman highlighted higher near-term inflation risks if elevated oil prices persist, while monitoring an uneven economic recovery ahead of the October policy decision.
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Says: Economic outlook remains subject to significant risks. Current data points to continued economic recovery, though progress remains uneven.
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