Release of text of a speech given by Reserve Bank of New Zealand's Assistant Governor and General Manager of Economics, Financial Markets and Banking, Christian Hawkesby,
- says felt August rate cut "should support a lift in inflation expectations and an eventual lift in actual inflation"
- says August rate decision a reminder to the market to focus first and foremost to analyse the incoming data and information for 'what we should do'
Headlines via Reuters, bolding mine.
Full text is here: Speaking, listening and understanding: central Bank communications
