June 8 edition of the BNZ Weekly Overview

Friday, 9 June 2006, 9:31 am
Press Release: Bank of New Zealand

FULL WEEKLY OVERVIEW IN PDF FORMAT: http://img.scoop.co.nz/media/pdfs/0606/WOJune8.pdf

As had been widely expected the Reserve Bank left the official cash rate unchanged at 7.25% this morning. But they warned about high inflation risks facing the New Zealand economy going forward and even indicated that if things do not track as they are expecting they might raise rates again.

Best regards

Tony Alexander
Chief Economist

FULL WEEKLY OVERVIEW IN PDF FORMAT: http://img.scoop.co.nz/media/pdfs/0606/WOJune8.pdf

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