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News 2026-07-10 04:53 UTC

RBA Likely to Start Rate Cuts Earlier than Expected, Westpac Says

() -- The Reserve Bank of Australia (RBA) is likely to start cutting rates in August 2027 instead of early 2028 as previously forecast but may remain hawkish in the near term, Westpac said in a note on Friday. The lender expects the central bank to hike rates in August, subject to confirmation once the June quarter con