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Poll shows 27 out of 31 economists expect the RBNZ to raise the OCR by 25bps to 2.75% at next week's meeting, while more than two thirds of economists at least one more rate hike after September to lift the OCR to 3.00% or above by year-end
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A majority of polled economists expect the RBNZ to raise the OCR by 25bps to 2.75% next week, with further hikes projected to reach 3.00% or above by year-end.
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