While there were no surprises yesterday with the 50 basis point move in the OCR, Andrew Kelleher discusses some points of interest coming from the announcement. Signs are undoubtedly pointing towards a slowing of the economy, but is there still a glimmer of hope? Overseas, the US released their CPI figures yesterday which has resulted in some weakness in the US share market. Lastly, Andrew gives us a run-down of what that means for markets today.
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