COMMENT:

The Reserve Bank should leave the official cash rate on hold at 1 per cent next week.

Neither part of its dual mandate — price stability and maximum sustainable employment — presents a compelling case for adding to the 75 basis points of easing it has already dispensed over the past six months.

READ MORE:
Liam Dann: Reserve Bank governor Adrian Orr bets big
Brian Fallow: Reserve Bank's big OCR cut misses the mark
Editorial: Why OCR cuts don't work anymore
Reserve Bank keeps OCR at 1%, scope for more stimulus

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