The country's largest bank is again raising interest rates, days after forecasting much earlier-than-expected OCR hikes. 

ANZ is increasing most home loan rates by 10 to 20 basis points following a rise in wholesale rates. 

It's now advertising a one-year home loan rate of 4.69%. 

Independent economist Cameron Bagrie told Mike Hosking markets are pricing-in the change in forecasts. 

He says the fixed rates are based on what's expected to happen, rather than what's happening now. 

LISTEN ABOVE 

The country's largest bank is again raising interest rates, days after forecasting much earlier-than-expected OCR hikes.&nbsp;
ANZ is increasing most home loan rates by 10 to 20 basis points following a rise in wholesale rates.&nbsp;
It's now advertising a one-year home loan rate of 4.69%.&nbsp;
Independent economist Cameron Bagrie told Mike Hosking markets are pricing-in the change in forecasts.&nbsp;
He says the fixed rates are based on what's expected to happen, rather than what's happening now.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Cameron Bagrie: Independent Economist on ANZ raising its interest rates after forecasting earlier than expected OCR hikes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/06382459-0023-4517-9d98-b42d0154ca8c/transcript