{"id":438990,"date":"2026-09-29T11:02:21","date_gmt":"2026-09-29T04:02:21","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/heads-up-rba-rate-decision-due-shortly-as-markets-brace-for-25-bps-hike-438990\/"},"modified":"2026-09-29T11:02:21","modified_gmt":"2026-09-29T04:02:21","slug":"heads-up-rba-rate-decision-due-shortly-as-markets-brace-for-25-bps-hike","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/heads-up-rba-rate-decision-due-shortly-as-markets-brace-for-25-bps-hike-438990\/","title":{"rendered":"Heads up: RBA rate decision due shortly as markets brace for 25 bps hike"},"content":{"rendered":"<div>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Heads up for the Australian dollar as we are less than a half hour away from the latest RBA monetary policy decision.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The central bank is widely expected to raise the cash rate by 25 bps to 4.60%, which would mark a fourth rate hike this year and take borrowing costs to their highest level since 2011.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Markets have already fully priced in the move with <a href=\"https:\/\/investinglive.com\/central-banks\/all-four-major-australian-banks-now-forecast-rba-hike-to-4-60-on-september-29\/\" rel=\"follow\">Australia&#8217;s four major banks also forecasting a rate hike<\/a>\u00a0today. As such, I wouldn&#8217;t\u00a0expect the rate hike itself to necessarily be the main market mover here.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Instead, the bigger question is <a href=\"https:\/\/investinglive.com\/central-banks\/rba-preview-a-25-bps-rate-hike-is-priced-in-but-what-comes-after-that\/\" rel=\"follow\">whether the RBA gives traders any reason to believe another hike could follow in November<\/a>.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Inflation remains the key concern, particularly with higher energy prices adding another layer of upside risk to the outlook. Meanwhile, RBA governor Bullock has also warned that <a href=\"https:\/\/investinglive.com\/central-banks\/bullock-rba-weighing-whether-policy-is-tight-enough-as-oil-pressures-build\/\" rel=\"follow\">some of the inflation risks highlighted by the central bank may now be starting to materialise<\/a>.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">That puts the language in today&#8217;s statement and Bullock&#8217;s press conference after firmly under the microscope.\u00a0A stronger warning on the inflation outlook or a clear willingness to tighten policy again could give the Australian dollar a lift, while a more measured message could invite a sell the fact reaction instead.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Markets are also pricing roughly 43% odds of another rate hike in November, so there is still plenty of room for today&#8217;s guidance to shift that view.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The decision is due at 0430 GMT, with Bullock&#8217;s press conference following an hour later.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Heads up for the Australian dollar as we are less than a half hour away from the latest RBA monetary policy decision. The central bank is widely expected to raise the cash&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438990","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438990"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438990\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}