ANZ Sees RBA Lifting Rates by 25 Basis Points at February Meeting
ANZ now anticipates the Reserve Bank of Australia will increase its cash rate by 25 basis points to 3.85% at the February 3 meeting. The forecast is driven by stronger-than-expected fourth-quarter trimmed mean inflation and a relatively low unemployment rate at the end of 2025. ANZ describes the rise as a single 'insurance' tightening and expects a…