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The Canberra Times
The Canberra Times
Gerard Cockburn

BIZARRE: Rising rates will put pressure on default risk - You Need To See This

RBA Governor Philip Lowe needs to weigh up what impact multiple rate hikes will have on household budgets. Picture: Getty Images

The economic juggling act for the Reserve Bank is about to get a lot harder.

The market and now three of Australia's major banks have now revised forecasts for interest rates, bringing forward predictions that a rate hike could happen as early as June.

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