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RBNZ risks crushing already weakened economy to contain oil-driven inflation Kiwibank warn
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Kiwibank now expects the RBNZ to begin hiking in July after a 3:3 split vote, warning the central bank risks overtightening into an economy still scarred by recession. Summary: The RBNZ held the OCR at 2.25% on a 3:3 split vote, with external members pushing for hikes and interna