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Westpac Predicts RBA Rate Hold Then Hikes

Westpac Predicts RBA Rate Hold Then Hikes

Lina Torres 5 days ago
Westpac forecasts the Reserve Bank of Australia (RBA) will hold interest rates steady at its June 15-16 meeting. This pause follows three consecutive rate increases, allowing the RBA to assess economic trends. Westpac has also lowered its forecast for the inflation peak to 4.7%, down from 5.0%, citing lower oil prices. Despite this revision, the bank still anticipates further rate hikes in August and September, according to Forexlive.
United States

Westpac Predicts RBA Rate Hold Then Hikes

Lina Torres 5 days ago
Westpac forecasts the Reserve Bank of Australia (RBA) will hold interest rates steady at its June 15-16 meeting. This pause follows three consecutive rate increases, allowing the RBA to assess economic trends. Westpac has also lowered its forecast for the inflation peak to 4.7%, down from 5.0%, citing lower oil prices. Despite this revision, the bank still anticipates further rate hikes in August and September, according to Forexlive.
United States
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