Inflation expectations continue to slide

Tue, 12 Nov 2019

Inflation expectations have fallen sharply in the Reserve Bank's latest survey, both making it more likely the central bank will cut interest rates again tomorrow and suggesting that the outsized rate cut in August failed to achieve governor Adrian Orr's aims.The most-watched numbers in the survey, mean two-year ahead inflation expectations, fell to 1.8 percent from 1.86 percent in the September quarter and 2.01 percent in the June quarter.Mean expectations for one-year ahead inflation fell to 1.66 percent in the current quarter from 1.71 perce...

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