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Bank boss says rates may need to stay higher for longer

Summary by The West Australian
Westpac chief executive Peter King says there is ‘probably too much demand in the economy’ which could force interest rates to stay higher for longer.

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The West AustralianThe West Australian
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Bank boss says rates may need to stay higher for longer

Westpac chief executive Peter King says there is ‘probably too much demand in the economy’ which could force interest rates to stay higher for longer.

·Australia
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  • 100% of the sources lean Right
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The West Australian broke the news in Australia on Monday, November 6, 2023.
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