Today we look at the latest from New Zealand which is we think a likely leading indicator of what is ahead more widely.
ANZ New Zealand just released a report called More work for the OCR to do. They say, "we have changed our OCR call, adding in 25bp hikes in the April and July Monetary Policy Reviews, in addition to the hikes we were already forecasting at the next four MPSs. This new track sees the OCR reach 2% in August 2022".
The latest edition of our finance and property news digest with a distinctively Australian flavour.
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