Australian RBA's consensus on raising interest rates strengthens, economists point out persistent inflation
2026-08-27 08:04:38
According to CoinMeta, as economists point out that inflation continues, the consensus is growing for the Australian Central Bank (RBA) to raise interest rates. According to the latest analysis, five of the six major banks expect to raise rates at least once more this year, with the main debate focusing on the timing of the rate hike, which could occur in either September or November. Analysts believe that short-term bond yields and the Australian dollar will face upward pressure before the meeting on September 28-29. Economists from the RBA say that the July data exceeded expectations, increasing the likelihood of a rate hike, and they anticipate that the meeting in November will be the most likely time for such a move.
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Source:Internet
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