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06-04-2008
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Senior Member
Join Date: Dec 2006
Posts: 33,021
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Brian Fallow: To cut or not to cut bank rate
Alan Bollard faces a double dilemma. The first arises from the fact that the economy is in the worst-of-both-worlds phase of the cycle, with growth feeble but inflation running strong. One says cut rates, the other says wait. But...
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