New Zealand: RBNZ cuts OCR by 50 bps – UOB Group

The Reserve Bank of New Zealand (RBNZ) decided to reduce the official cash rate (OCR) by 50 bps to 4.75%.
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Inflation, oil prices, and interest rate expectations are linked together – Commerzbank

Inflation expectations in the euro area have collapsed. At one point, the market was only expecting inflation of just over 1.5% in a year's time – well below the ECB's inflation target.
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