Inflation is continuing to fall and interest rates are likely to follow suit. 

The inflation rate has dropped to 2.2 percent. 

It's the first time in more than three years it's returned to the Reserve Bank's 1-3% target range. 

The Herald's Liam Dann told Kerre Woodham the markets are now pricing in a 100% chance the Reserve Bank will cut the OCR at least 50 basis points next month. 

He says there's now serious talk about a 75 basis point cut, which normally only happens during major economic downturns like the Global Financial Crisis. 

LISTEN ABOVE 

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

Inflation is continuing to fall and interest rates are likely to follow suit. 
The inflation rate has dropped to 2.2 percent. 
It's the first time in more than three years it's returned to the Reserve Bank's 1-3% target range. 
The Herald's Liam Dann told Kerre Woodham the markets are now pricing in a 100% chance the Reserve Bank will cut the OCR at least 50 basis points next month. 
He says there's now serious talk about a 75 basis point cut, which normally only happens during major economic downturns like the Global Financial Crisis. 
LISTEN ABOVE 
The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Liam Dann: NZ Herald Business Editor on inflation dropping to 2.2%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/df406f2e-0818-412c-a537-b20b0147019f/transcript

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