RBA Follow-Up Rate Hike Possible in March, Westpac’s Ellis Warns

The Reserve Bank of Australia may be forced to raise interest rates for a second consecutive time in March, according to Westpac Banking Corp. Chief Economist Luci Ellis, as the central bank embarks on the world’s first tightening cycle of 2026.

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Iran allowing more ships through Strait of Hormuz, data show

Number of ships transiting Strait of Hormuz has nearly doubled in recent days, maritime intelligence …