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Westpac warns of Middle East second-round CPI effects, still forecast an August RBA hike

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Westpac's retention of its August hike call, grounded in a trimmed mean trajectory pointing to 3.8% by end of Q2, puts it at the more hawkish end of the bank forecaster spectrum following Wednesday's data. The distinction the bank draws between pass-through that can unwind, as po

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Westpac warns of Middle East second-round CPI effects, still forecast an August RBA hike | FX Bank Forecast