Nick Goodall

But overall, they seem pretty comfortable with those core inflation measures.

It is tracking downwards and that allows them to be comfortable to be in that, what do they call it, accommodative settings for the official cash rate to encourage a bit more borrowing

and get that lending going on, which in their mind will hopefully boost the economy off the back of that as well.

So, yeah, look, I think that's pretty much all from my notes.

Anything else jump to mind as I was rambling on there, mate?

Yeah, slightly more damper on the house prices than we expected or had thought previously.

And good point on the interest rates too.

Like I said, most of the movements have been made in advance.

Maybe this means there's less likelihood of those little gradual increases in the 6s and 12s over the next couple of months until we hear and see a bit more.

On that note, in terms of big releases coming out, I've got Q4 GDP data still a month away, 19th of March.

So we won't really get a feel for that's Q4.

You know, earlier in the week, obviously, we talked about, you know, where the NZAC came in and our expectations for GDP.

I've seen

Some economists pull back their expectation for Q4.

We had 0.6% we were talking about.

Maybe it's a little lower than that for Q4, but we really want to know what's happening in this quarter.

And some of those faster moving measures are showing us that it's not quite as good as maybe we saw in the last half of last year.

The next Reserve Bank decision for the official cash rate, of course, just a review, not the full statement.

On the 8th of April, we're in about six weeks away.

We don't get Q1 CPI inflation data until the 21st of April.