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Westpac goes full doomsday on interest rates

September 21, 2022 - 00:05 -- Admin

This week, Westpac chief economist Bill Evans lifted his interest rate prediction, betting the Reserve Bank of Australia (RBA) will raise the official cash rate (OCR) by 0.5% to 2.85% on 4 October before reaching a peak rate of 3.6% by February 2023. Westpac’s upward revision is driven primarily by the more hawkish rhetoric coming

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