Question: ANZ warns OCR will hit 3 per cent next year 'painful as that may be' analyze whether Reserve Bank of New Zealand should go for

ANZ warns OCR will hit 3 per cent next year 'painful as that may be' analyze whether Reserve Bank of New Zealand should go for an Official Cash Rate (OCR) increase by next year, and what would be the short-term implications of this decision on output, inflation and unemployment. Please apply the knowledge of RBNZ monetary policy
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