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New Zealand's economic recovery from Covid will determine speed of policy normalization: Moody's

The Reserve Bank of New Zealand has raised interest rates for the first time in seven years. As the country continues to experience Covid-19 outbreaks, Katrina Ell of Moody's Analytics says it will be a "highly uncertain" path as the central bank moves toward policy normalization and gradually withdrawing stimulus.
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Wed, Oct 6 20211:47 AM EDT