ASX:WBCBanks
A Look At Westpac Banking’s Valuation As Inflation Data And RBA Decision Come Into Focus
Inflation data and RBA decision move to the forefront for Westpac
Westpac Banking (ASX:WBC) is in focus as traders await Australia’s December quarter CPI on Wednesday and the Reserve Bank of Australia’s policy update on 3 February. These are key inputs for interest rate expectations.
Strong recent labour market figures have lifted the stakes for this inflation print, with investors watching how any shift in rate expectations could affect bank funding costs, net interest margins and credit...