RBA and inflation view: June hold affirmed, increases still ahead - Westpac IQ

Westpac sees RBA hold at the June 15-16 meeting, but more hikes ahead

Westpac sees RBA hold at the June 15-16 meeting, but more hikes ahead - investingLive

ING sees AUD rebound ahead as RBA signals pause but stands ready to act

The desk believes the Australian dollar (AUD) is poised for a rebound following its recent weakness post-RBA decision, as the Reserve Bank of Australia (RBA) maintains a hawkish stance despite signaling a pause in rate hikes. Per the full note from ING, the RBA raised the cash rate to 4.35% with an 8-1 vote, indicating a strong consensus among board members. While GDP growth forecasts were cut to 1.3% for 2026, the RBA's readiness to act if inflation surprises to the upside suggests that the AUD could find support in the near term.

Reuters poll in near unanimous: RBA seen holding at 4.35% on June 16