Westpac now sees the RBA hiking rates in August and September (prev. June and August)
Context
Westpac's adjustment to its rate hike forecast for the RBA indicates a more hawkish stance than previously anticipated, shifting expectations from June and August to August and September. This change may suggest stronger economic signals prompting tighter monetary policy sooner, which could lead to a strengthening of the AUD and impact fixed income markets as traders recalibrate their rate path outlook.
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