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Reader poll

Not until some time next year.
37% (34 votes)
Before the end of 2014.
35% (32 votes)
It won't, this tightening cycle is done and dusted.
27% (25 votes)
Total voters: 91

Older polls

Rural News

Labour highlights drop in export share of GDP

Labour questions Govt's plan to lift exports to 40% of GDP by 2025; points to drop to 29% from 33% in 2008; English says exporters doing well despite high NZ$

What happened today

Updated
A review of things you need to know before you go home on Tuesday; Westpac grabs some extra margin, Transmission Gully underway, the MetroGlass yo-yo, wholesale rates rise

Bernard's election diary - July 29

Updated
Key leaves Craig to swing in the breeze under 5%; Key backs Smith, but says legal threat "silly"; Smith drops threat; Key says swimmable rivers would cost "billions"; Your view?

90 seconds at 9 am: Russia loses Yukos case

US services and factories expand in July, housing falls in June; Russia loses a $50 bln arbitration case; UST yields 2.48%; oil price lower, gold higher; NZ$1 = US$0.855, TWI = 79.7

Key comfortable if RBNZ intervenes

Updated
PM John Key says agrees with RBNZ that NZ$ over-valued; would be comfortable if RBNZ intervened to sell it down; but restates intervention not effective in long run; NZ$ dips

Pressure building on the Federal Reserve to change their tone

Roger J Kerr says the next push upwards in US yields will be the real deal as bond investors seek better real returns

Intervention threat tips the scale

Roger J Kerr says because of hedging, the NZD can depreciate significantly over the next 6-12 months and the impact on inflation will be muted

What happened Monday

A review of things you need to know before you go home on Monday; BNZ raises variable rates +25bps, selective on deposits, Dorchester looks for more of Turners, RBNZ leads,  wholesale rates sink

Bernard's election diary - July 28

Updated
Key hangs Colin Craig out to dry; Smith denies threatening Fish and Game; Smith threatens legal action against bullying claim; Greens would ban deep sea drilling; Your view?

90 seconds at 9 am: NZD lower

US durable goods orders rise; eyes on Fed taper and NFPs, Argentina at the brink, UST 10yrs 2.47%; NZ$1 = US$0.854, TWI = 79.8