It's a question of relative risks and Bollard is more mindful of inflation. He will be comfortable with receding growth.
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The risk profile for inflation is just too significant to ignore.Cameron Bagrie
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When it goes, it is going to go a country mile pretty quickly.
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I'm U.S. dollar bullish over the next three months, largely because the Fed will go to 4.75 percent and they'll leave the door open to 5 percent.
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The housing market is not slowing sufficiently to comfort the Reserve Bank of New Zealand.
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He's delivering a warning shot. The message is that they don't appear to see any problem with having monetary policy in a restrictive stance for some time.
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