TMM - News

ANZ predicts February OCR hike following GDP growth

Thursday 17th of June 2021

Latest GDP figures show the economy grew by 1.6% in the three months to March, beating forecasts of -0.6%. 

The surprisingly strong data has prompted ANZ's team of economists to bring forward their rate hike predictions. 

ANZ's team, led by Sharon Zollner, had predicted rate increases from August next year, but today's data has prompted the team to change c...

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