Westpac economists raise their forecast of OCR peak to 4% - Interest.co.nz

Latest labour market data showing 'severe capacity constraints and intensifying wage pressures' prompt change of view and perceived need for the Reserve Bank to do a little more against inflation

Westpac economists have responded to the latest labour market figures that show strong wage increases by raising their forecast peak for the Official Cash Rate from 3.5% to 4%. And the Westpac econo… [+3119 chars]

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