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Analysis

Weighing up next week’s decision by the Reserve Bank

🕓 3 min read
3 Mar 2016
Five weeks ago, when the Reserve Bank last reviewed the official cash rate, we switched our view from predicting the OCR would stay at 2.5% throughout most of 2016 to forecasting another cut in interest rates. At the time, it was close to a 50-50 call, and was mostly reliant on the world economy continuing to be an unsettling influence. So how have things unfolded since that last OCR review?

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