RBA preview - Westpac says soft Q2 CPI gives RBA room to hold at 4.35% - TradingView
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RBA preview - Westpac says soft Q2 CPI gives RBA room to hold at 4.35% TradingView
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4 itemsRBA preview - Westpac says soft Q2 CPI gives RBA room to hold at 4.35%
CBA sees RBA on hold for rest of 2026 after third consecutive hike to 4.35%
The desk anticipates that the Reserve Bank of Australia (RBA) will maintain its cash rate at 4.35% for the remainder of 2026, with potential rate cuts beginning in 2027. This outlook is supported by Commonwealth Bank's recent analysis, which highlights inflation concerns and a downgraded GDP forecast. Per the full note [source], the RBA's decision to raise rates for the third consecutive time reflects a cautious approach to monitoring economic developments, particularly in light of inflationary pressures stemming from energy costs. The desk notes that the market's current pricing may not fully reflect the potential for an August rate hike if inflation data surprises to the upside.
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