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AAP
AAP
Ben McKay

All eyes on cash rate track as NZ reserve bank meets

New Zealand's central bank is expected to hold the official cash rate steady at 5.5 per cent at its last meeting of the year.

The Reserve Bank of New Zealand (RBNZ) meets on Wednesday to update the OCR, and more intriguingly, its tracking into 2024.

The RBNZ has held firm at 5.5 per cent for the past four meetings and the market consensus is Governor Adrian Orr will make that a fifth this week.

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