RBA leaves cash rate unchanged at 4.35% in August monetary policy meeting, as expected
AUD/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 0.7120 |
Barclays | Bullish | 0.6900 |
Goldman Sachs | Bullish | 0.7000 |
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Cash rate 4.35% Prior 4.35% While the impact of the Middle East conflict on inflation has so far been less than expected, headline inflation is still too high Short-term measures of inflation expectations have eased but remain higher than earlier in the year There continue to be
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RBA raises cash rate to 4.35% in May monetary policy meeting, as expected
The Reserve Bank of Australia (RBA) has raised its cash rate to 4.35% in the May monetary policy meeting, a move anticipated by market participants. Per the full note [source], traders had priced in approximately 85% odds of a 25 basis point increase, with expectations for a total of around 61 basis points of hikes by year-end. This decision aligns with the broader trend of central banks tightening monetary policy in response to persistent inflationary pressures. As the RBA continues to navigate these economic challenges, market reactions will be closely monitored for further directional cues.
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