NAB sees the RBA hiking in June to take the cash rate to 4.60%

The NAB's forecast of a June rate hike by the RBA suggests a shift in monetary policy expectations, which could be seen as hawkish compared to current market pricing.

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NAB sees the RBA hiking in June to take the cash rate to 4.60%

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Context

This anticipated move aims to address inflation concerns while potentially impacting the AUD and influencing fixed income across the region. Traders should closely monitor these developments as they signal a tightening environment that may alter risk sentiment and curve dynamics.

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