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Overview

A major bank now sees the RBA tightening sooner than previously thought. An earlier rate hike would typically support higher yields on Australian assets relative to the US.

Updated 08:57 PM

High confidence

09/08, 08:56 PM

Goldman Sachs moved forward its forecast for the RBA's next rate hike to September, from a prior expectation of November.

Affected assets

AUDUSD

FinancialJuice

09/08, 08:56 PM

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Low impact

RBA board member Hunter said the board may need to hike interest rates if inflation appears set to intensify.