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In this reactionary episode Nick and Kelvin discuss the recent announcement from the Reserve Bank regarding the official cash rate (OCR) cut and its implications for inflation and economic growth. 

They delve into the impact of tariffs on New Zealand's economy, the importance of medium-term inflation expectations, and the future of monetary policy. 

The conversation also touches on the property market outlook and the decisions facing mortgage borrowers in light of the changing economic landscape.

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