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.

Newsquawk StaffPublished 5 Feb 2026, 02:05 UTCOn the live feed at 01:45 UTC — 2 more headlines followed before this page went public

Newsquawk headlinesUTC

02:05

[MARKET ANALYSIS] Oil prices fluctuated on reports that US-Iran talks were off, and then back on again

02:00

Philippine Central Bank says inflation outlook continues to be benign and any further easing is to be guided by data

01:45

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

01:43

User reports indicate problems at Meta's (META) Instagram, according to Downdetector

01:23

PBoC injects CNY 118.5bln via 7-day reverse repos with the rate at 1.40% and injects CNY 300bln via 14-day reverse repos with the rate at 1.65%

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Context

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.

Central Banks · last 90 days

Recent headlines that moved markets

CENTRAL BANKS/20 Aug · 07:30

Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance

Market, after we published+0.3%

SEK was little changed after the announcement was broadly as expected; EUR/SEK moved higher from 11.01 to a peak of 11.02. Ten minutes post-announcement, EUR/SEK moves a little higher, moving to a peak just below 11.03.

CENTRAL BANKS/13 Aug · 08:00

Norges Bank maintains its rate at 4.25% as expected; may still become necessary to raise the policy rate

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CENTRAL BANKS/12 Aug · 09:07

The PBoC is to conduct overnight reverse repos on August 14th and between August 17th-19th

METALS/1 Sep · 08:06

Two oil supertankers were reportedly hit by projectiles in the Strait of Hormuz, reports citing Marisks suggest (details light)

−1.0%Spot Gold

FX/28 Aug · 14:00

Fed Chair Warsh says Fed has more work to do unless confident underlying inflation is moving towards 2% objective

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ENERGY/27 Aug · 17:46

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

+1.4%Brent crude

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