Core Viewpoint - Westpac Bank anticipates that the Reserve Bank of Australia (RBA) may lower interest rates in July rather than August, but this is not a certainty as market expectations suggest [1] Group 1: Interest Rate Outlook - The RBA's decision is influenced by concerns over labor market tightness, slow overall economic productivity growth, and the impact of demand recovery on prices [1] - Westpac expects a final interest rate of 2.85% after three additional rate cuts following the anticipated decrease [1] - The RBA is unlikely to provide forward guidance in this direction during its upcoming statements [1] Group 2: Market Sentiment - There is a possibility that overseas risks may be overemphasized, leading the RBA to sometimes act against market pricing [1] - The current timing is seen as critical for the RBA to make a decision, regardless of the eventual outcome [1]