Goldman Sachs now expects the RBA to increase rates two more times, viewing the terminal rate at 4.60% (prev. 4.35%)

Goldman Sachs' revised forecast for the Reserve Bank of Australia (RBA) to hike rates two more times reflects a more aggressive monetary policy outlook, shifting the terminal rate expectation to 4.60%. This hawkish stance may influence the AUD positively and could reshape market pricing around future RBA meetings, signaling increased rate path expectations across fixed income assets and prompting investors to reassess their positions accordingly.