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Financial markets now certain the RBA will hike interest rates in 2026

The Guardian - 14 hours 17 min ago
The changed outlook is a result of unwelcome inflation data, but could slow down the hot property market Get our breaking news email , free app or daily news podcast Financial markets are now pricing in a 100% chance the Reserve Bank will hike rates in 2026, in what would be a blow to mortgage holders but may take some steam out of an overheating property market. The latest forecasts represent a turnaround from just two weeks ago, when traders were factoring in an even chance that the next RBA move...
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