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Kiwibank cuts mortgage rate

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http://www.interest.co.nz Kiwibank cuts mortgage rate 2 yr rate cut to 8.99% 1st time below 9% in 6 months ANZ economist predicts NZ$ below 70 cents by Sept Raise more capital, Bernanke tells Banks National's chief economist Cameron Bagrie reckons NZ dollar below 70 US cents by September Talk of OCR cut is growing after worst retail sales in 11 years yesterday Bernanke says banks should raise more capital