Westpac shares rebound after inflation cools — here’s what markets watch next
Westpac shares rose 1.3% to A$38.01 on Thursday, rebounding after two days of losses as investors reacted to softer November inflation data. The Reserve Bank of Australia signaled inflation remains above target, keeping rate expectations in focus ahead of the Jan. 28 CPI release and Westpac’s Feb. 13 update.