Westpac now sees the RBA hiking rates in August and September (prev. June and August)

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.

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Westpac now sees the RBA hiking rates in August and September (prev. June and August)

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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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