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ANZ chief economist Sharon Zollner predicts an OCR of just 0.25% by May next year, arguing it's 'pretty much one-way traffic out there'
ANZ chief economist Sharon Zollner says the bank's economists are now predicting the Official Cash Rate (OCR) to be at just 0.25% by next May because, with the growth and inflation outlook continuing to deteriorate, "it’s not an exaggeration to say that it is pretty much one-way traffic out there."