Westpac: expects the Reserve Bank of Australia (RBA) to pause hikes in June but forecasts two further hikes in August and September as inflation remains elevated. Macquarie Group: expects a June pause while signalling the RBA will deliver a hawkish message to reinforce market expectations for an August hike. ANZ: expects rates unchanged in June and no further hikes this year, but says an upside inflation surprise could still prompt a move in August. Commonwealth Bank of Australia: expects a June

2026-06-16

Westpac: expects the Reserve Bank of Australia (RBA) to pause hikes in June but forecasts two further hikes in August and September as inflation remains elevated. Macquarie Group: expects a June pause while signalling the RBA will deliver a hawkish message to reinforce market expectations for an August hike. ANZ: expects rates unchanged in June and no further hikes this year, but says an upside inflation surprise could still prompt a move in August. Commonwealth Bank of Australia: expects a June hold and no further tightening through the remainder of the year, with rate cuts only beginning in 2027. National Australia Bank: expects a June pause and a steady policy stance for the rest of the year, with the next action likely to be a cut.