Westpac's Ellis says can't rule out the RBA raising interest rates for a second consecutive time in March, according to Bloomberg

Westpac's Ellis says can't rule out the RBA raising interest rates for a second consecutive time in March, according to Bloomberg.

Westpac's Ellis suggesting that the RBA may consider a second consecutive rate hike in March indicates a potential shift in monetary policy sentiment. This hawkish tone could influence market expectations for interest rates, particularly around Australian assets and the AUD, as traders reassess the likelihood of tighter monetary conditions. Monitor how this insight may affect fixed income markets and the broader risk landscape as market participants digest the implications.