
TMM - News
ANZ does a u-turn on rate increases

Tuesday 24th of August 2021
The increases were made ahead of last week's OCR announcement where the market expected the Reserve Bank to increase the case rate. However, that increase was put on hold following the discovery of a case of Covid-19 in the community.
The bank is putting its standard one-year fixed rate back to 3.15% after hiking it to 3.29% last week,.
While the RBNZ had been expected to ra...
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