RBNZ: Need to rethink rate outlook if inflation expectations fall further

A statement from Reserve Bank of New Zealand Assistant Governor McDermott has been issued, noting that there is a need to rethink rate outlook if inflation expectations fall further.

Headlines (via Bloomberg)

Falling inflation expectations are a concern

Weak price expectations contribute to the need for low interest rates
need to rethink rate outlook if expectations fall further

Rising risk that inflation expectations become unanchored