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ANZ write "we have changed our OCR call, adding in 25bp hikes in the April and July Monetary Policy Reviews, in addition to the hikes we were already forecasting at the next four MPSs. This new track sees the OCR reach 2% in August 2022. While we are upgrading our estimate of how much work the OCR needs to do assuming all goes well, our view continues to be that the risk is high that something will happen to interrupt the hiking cycle before its completion."