Govt accused of relying on rate cuts to generate growth as major bank predicts pause | Stuff.co.nz

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Westpac predicts the Reserve Bank will "take a pause" next month and keep the Official Cash Rate at 3.25 percent, which would put an end to a long run of reductions.

It comes as the Government is accused of relying on those rate cuts to grow the economy. But the Finance Minister insists those cuts wouldn't have happened without the Government's tighter spending. Political Correspondent Zane Small has the details. | Subscribe:


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