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Economic Weather Report: Bigger OCR cut more likely after worst business confidence since 1970

Economic Weather Report: Bigger OCR cut more likely after worst business confidence since 1970



Bernard Hickey looks at the NZIER's Quarterly Survey of Business Opinion and finds the worst result since 1970, which helped drive the NZ dollar lower and has increased the chances of a 50 basis point cut in the Official Cash Rate on April 30.

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