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Kelly Eckhold: Westpac chief economist on the Reserve Bank replacing two outgoing MPC members in staff shake-up

Big changes for the Reserve Bank, as it appoints new members to its Monetary Policy Committee.

University of Auckland macroeconomics professor Prasanna Gai and former Electricity Authority chief executive Carl Hansen will take up their posts later in the year.

Westpac chief economist Kelly Eckhold explains what these new changes could mean for the future of the OCR.

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