Interest rates will fall says New Zealand's Cullen

NEW ZEALAND - Interest rates should start to come down following the change to the Reserve Bank's inflation target, New Zealand Finance Minister Michael Cullen told the Financial Times in London Thursday.

The new inflation target band, combined with the Government's drive to forge new trade agreements, were expected to underpin growth, he said in an interview with the influential London business paper.

He was commenting in the change in the bank's inflation target from 0-3 per cent to 1-3 per cent

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