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VIEW: Westpac write that "with these revised....>

RBA
RBA: VIEW: Westpac write that "with these revised forecasts, the RBA is clearly
less comfortable with its previous positive outlook. Its growth forecasts remain
significantly above Westpac's own view. With our forecasts of 2.6% growth in
2019 and 2020, it still seems that the more likely outcome will be for steady
rates, even if as we expect, the RBA will eventually have to adopt growth
forecasts much closer to Westpac's current view. Westpac confirms its long-held
forecast that the RBA cash rate will remain on hold in 2019 and 2020."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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