JP Morgan says it expects the Reserve Bank of Australia to deliver a fourth hike at the Sept. 29 meeting, forecasting a 25bp rise to 4.60%. JP Morgan Australia chief economist Ben Jarman said recent hawkish remarks from senior RBA officials "indicate a shift in stance" and flagged concerns over elevated oil prices, a surge in AI investment and domestic supply-side capacity — issues he expects to remain market focus into month-end.

2026-09-09

JP Morgan says it expects the Reserve Bank of Australia to deliver a fourth hike at the Sept. 29 meeting, forecasting a 25bp rise to 4.60%. JP Morgan Australia chief economist Ben Jarman said recent hawkish remarks from senior RBA officials "indicate a shift in stance" and flagged concerns over elevated oil prices, a surge in AI investment and domestic supply-side capacity — issues he expects to remain market focus into month-end.