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11 Sep 2014
RBZN Wheeler: Neutral OCR may have declined to 4.5%
FXStreet (Bali) - The latest relevant comments from RBNZ Wheeler at his press conference noted that there is still potential for significant declines in the New Zealand dollar, noting that what is perceived as a neutral interest rate may have declined to 4.5%, although recognizing that inflation pressures are still likely to emerge.