🇦🇺 🇦🇺 Westpac is forecasting that the Reserve Bank of Australia is unlikely to raise the cash rate at its December meeting. By the time of the February meeting, the RBA will have the full December quarter inflation data as well as the September quarter national accounts and other key data. We reaffirm our view that the RBA Board would raise the cash rate at that meeting if it sees further upside surprises to inflation or fresh evidence suggesting that inflation will decline more slowly than it intends
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