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Home : Home Mortgage Loan : Fixed Rate Mortgage : MSN Newsfeeds : New Zealand central bank chief warns no end of recession soon - Xinhua News Agency

New Zealand central bank chief warns no end of recession soon - Xinhua News Agency

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WELLINGTON, Oct. 23 (Xinhua) -- New Zeland's Reserve Bank does not expect the New Zealand econ omy to come out of recession soon. New Zealand's central bank cut the Official Cash Rate by a percentage point to 6.5 percent on Thursday, but warned the ...
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