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SINGAPORE, April 27 (Reuters) - Two of Australia's big four banks expect the benchmark cash rate will rise next week and a third sees increased risk of a hike after a surprisingly strong inflation reading on Wednesday.
National Australia Bank and ANZ Bank pulled forward their lift-off forecasts from June to May and expect a 15 basis point hike next Tuesday. The Commonwealth Bank of Australia said a cash rate hike was "a clear risk" but stopped short of shifting its forecast for a June hike.
We...
>>> Read more: Australia banks pull forward hike calls after inflation surprise
National Australia Bank and ANZ Bank pulled forward their lift-off forecasts from June to May and expect a 15 basis point hike next Tuesday. The Commonwealth Bank of Australia said a cash rate hike was "a clear risk" but stopped short of shifting its forecast for a June hike.
We...
>>> Read more: Australia banks pull forward hike calls after inflation surprise
