Credit Suisse says RBNZ won't change cash rate

New Zealand's Reserve Bank is expected to leave the official cash rate unchanged early next month because of uncertainty about the country's medium-term inflation outlook, Credit Suisse First Boston (NZ) Ltd. said Wednesday.

The Reserve Bank is due to publish its quarterly monetary policy statement on December 6.The statement will contain its forecasts for the economy and inflation, and will provide the central bank with an opportunity to review the cash rate, which is currently 6.50%. Credit

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