Commonwealth Bank of Australia expects the Reserve Bank of Australia to raise rates by 25bp to 4.60% in September, earlier than its prior November call. The decision is expected to be unanimous and accompanied by hawkish language. If Q3 trimmed-mean inflation reaches 1.0% or higher, another rate hike could be on the table.

2026-09-29

Commonwealth Bank of Australia expects the Reserve Bank of Australia to raise rates by 25bp to 4.60% in September, earlier than its prior November call. The decision is expected to be unanimous and accompanied by hawkish language. If Q3 trimmed-mean inflation reaches 1.0% or higher, another rate hike could be on the table.