Yesterday, the Indian Reserve Bank slashed its lending rates by 0.25%, bringing their interest rate to 7.5%.
Spending on oil products down by 7.9% in February compared with 9.3% in January
Inflation expectations have taken another drop, with firms surveyed now expecting the CPI to be 1.8% in two year's time.
“There are going to be some fluctuations,” Bill English says.
Just what is happening with job market data assumes a larger significance.
The long awaited 'correction' in the NZ dollar might be here. Were you careful enough about what you wished for?
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