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Reserve Bank in pickle and not helped by spendthrift Finance Minister

The New Zealand ³Ô¹ÏÍøÕ¾ Party

Today’s move by the Reserve Bank to raise the Official Cash Rate by 25 basis points to 0.75% is what most commentators were picking given the worrying direction that the cost of living has taken, says ³Ô¹ÏÍøÕ¾ Shadow Treasurer Andrew Bayly.

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