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AAP

Business

Ben McKay

The only way is up for NZ cash rate

Inflation Reserve Bank New Zealand Jarrod Kerr RBNZ Sharon Zollner Interest Rates

New Zealand's mortgage holders are bracing themselves for another cash-rate hit. (AAP)

New Zealand's official cash rate is poised to hit a six-year high when the Reserve Bank considers monetary policy this week.

But the big question is where it might end the year, and whether falling consumption might bring a Kiwi recession.

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