UBS now sees the RBA hiking rates twice more to lift the Cash Rate to 4.60%

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UBS now sees the RBA hiking rates twice more to lift the Cash Rate to 4.60%

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Context

UBS's revision of the RBA's rate outlook to two additional hikes suggests an increasingly hawkish stance, possibly reflecting ongoing inflationary pressures in Australia. This could influence market expectations, pushing yields higher and strengthening the AUD as traders position for a tighter monetary policy environment.

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