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Get some of that chat from the front line.
I guess what they're seeing in terms of activity, whether there's any sort of clear evidence of upturn there.
So yeah, it'll be a good one.
Well, yeah, but for everyone is the way I'm sort of summing this up.
I mean, you know, a lot of things were sort of, obviously the OCR itself was left unchanged, but a lot of the economic forecasts were sort of as anticipated as well.
They've got economic growth coming back, you know, GDP rising about 3% this year, kind of pretty standard forecast.
employment growth coming through, the unemployment rate edging lower.
They've got that going down to about 5% by the end of the year.
So that's sort of the vibe is similar to last time.
They said probably think that CPI inflation is back within the target already in the current quarter.
So, you know, a temporary kind of rise above 3% tail end of last year, back probably within target right now.
So yeah, lots of
Lots of things as you'd expect.
They talked about spare capacity being a key factor there, bringing down inflation again, and sort of fits really strongly with the guidance they gave in the last statement.
So yeah, and statements like quotes from the release, things like, if the economy evolves as expected, they'll keep monetary policy accommodative for some time.
So sort of hints at no rush to shift.
However, one thing that did change, just ever so slightly, was the official cash rate track itself.
So now it looks pretty likely that they plan to, rather than the first increase coming in early next year, early 2027, they now plan to push that through into late 2026.
Now the timing's a little bit hard to pin down because of the way they express the numbers.
I guess they give themselves a wee bit of