ANZ share price edges up as rate-hike bets build ahead of RBA decision
ANZ shares closed up 0.11% at A$36.44 after hotter-than-expected core inflation data pushed markets to price in a February rate hike. Trimmed-mean inflation rose 0.9% in the December quarter, lifting the annual rate to 3.4%. Financial stocks fell 0.5%, with Commonwealth Bank down 0.8%. The Reserve Bank of Australia meets February 3.