Summary: RBA trims 2023 GDP forecasts, raises forecasts for later periods; underlying inflation forecasts lowered; jobless rate expected to rise this year; some headline inflation forecasts reduced; Westpac: key theme of this SOMP is inflation outlook risk. The Statement on Monetary Policy (SoMP) is released each quarter and it is closely watched for updates to the RBA’s own forecasts. In February’s SoMP, the opening sentence of the “Outlook” section stated,...