Uncertainty Creating 'Unfortunate Perfect Recipe' For Yield Upside: Patel
State Dinner for President Xi at the White House Announced
US Stocks Mixed as Treasury Yields Rise Amid Iran Negotiations
NYSE Short Interest Increases by 2.7% in Mid-September
Massachusetts Is Investigating Gambling Companies’ Use of A.I.
NASDAQ Rises Slightly While S&P 500 and Dow Jones Decline
Oil jumps for second straight day as U.S.-Iran diplomatic breakthrough hopes fade
Why is Akamai Technologies stock surging today?
Select Water stock surges 28% on Pilot Water acquisition deal
Trump and Xi agreed to support each other in hosting APEC, G20 summits, Xinhua reports
New Tech Issuance Repricing Existing Debt: Rosner
South Korea to Enhance Oversight of Counterfeit and Illicit Goods
Meta’s Best Month Since 2013 Has It on Cusp of $2 Trillion Level
Costco Posts Strong Quarterly Profit on Tariff Refunds
Houthi Forces Claim Attack on Saudi Aramco Facilities in Yanbu
Israeli Prime Minister Netanyahu Uses Trump's AI Terminology in UNGA Speech
Argentina economic activity dips 1.4% in July
Brazil stocks lower at close of trade; Bovespa down 0.99%
Blue Origin raises $10B as Bezos’ total investment hits $32B - WSJ
Costco beats quarterly sales estimates on resilient demand for essentials
Senators Say They Want More on F-35 Parts Diverted to China
Israeli Prime Minister Netanyahu Predicts Change in Iran
Akamai Surges on $12 Billion Anthropic AI Computing Deal | Closing Bell
Zscaler stock falls on CRO leadership change
Prime Medicine stock surges on FDA IND clearance
OpenAI, Google and Anthropic Join Forces to Set AI Safety Standards
Colombia: Ecopetrol retoma petróleo, gas y planes de fracking
Strait of Hormuz Sees Surge in Commercial Vessel Traffic
Bond Selloff Deepens After 30-Year Yield Hits Highest Since 2004
French President Macron Criticizes Potential U.S. Diesel Export Ban
Key Senators Say They Want More on F-35 Parts Diverted to China
Numeral Secures $100 Million in Series C Funding
French President Macron Accuses Russia of Increasing Hostile Actions Against Europe
US Military Coordinates Protection for Vessels in Strait of Hormuz
U.S. stocks end flat as traders grapple with hawkish Fed, surge in oil and yields
Akamai lands $11.6 billion Anthropic deal, shares soar
S&P 500 ends near flat as investors focus on US-Iran war
AI Companies and World Leaders Race to Write Safety Rules
Jeff Bezos’ Blue Origin Is Fueled With $30 Billion of His Fortune
Israeli Prime Minister Netanyahu Criticizes Western European Leaders Over Anti-Semitism
U.S. Treasury Accepts $4.08 Billion in Buyback Offers
U.S. Administration Proposes Voluntary Diesel Export Reductions
Colombia Names New Ecopetrol CEO to Revive Oil, Fracking Ambitions
SoftBank pays steep price for record bond sale to fund OpenAI bet
India’s Akasa in Talks With Boeing to Order 200 737 Max Aircraft
Long-Term Treasury Yields Driven by External Forces, Says CIFC
Muni 30-Year Yield Exceeds 5%, Highest Since at Least 2011
Israeli Prime Minister Netanyahu Denies Genocide Accusations in Gaza
Chris Malone Joins NVIDIA After Tenure at OpenAI
DeepSeek Doubles Annual Revenue Run Rate to $1 Billion Ahead of IPO
Oil prices settle up about 3% as Houthi attack on Saudi Arabia lifts supply fears
Banxico holds benchmark rate at 6.5% as core inflation proves sticky
Morgan Stanley Asia deals leaked in missent email attachment
Revolut Customers Affected by Recent Data Breach at DriveWealth
AI Breach Highlights Cybersecurity Concerns in Australia
Israeli Prime Minister Netanyahu Accuses Qatar of Indoctrination Efforts
Insurance Regulators Defend State-Led Model in Reply to Warren
France to Send Military Aid, Troops to Defend Saudi Oil Port
Pioneer founder Scott Sheffield says Exxon ‘set him up’ after $60bn takeover
Israeli Prime Minister Netanyahu Accuses Foreign Nations of Funding False Narratives
Federal Reserve Officials Indicate Potential Rate Hike Amid Persistent Inflation
Natural Gas hits RSI 83.8 in parabolic surge: Live levels
Brent Oil double-top at $109.97 risks drop to $98.80: Live
Bank of Mexico keeps rates on hold, tweaks its forward guidance
BP Considers $2–5 Billion Acquisition in U.S. Shale Market
OpenAI Brings in Patreon’s Founders to Build a Creator Business
Iran's President Seeks US Deal Before Midterm Elections
Kalshi Raises Forecast for Federal Reserve Rate Hikes
Why is TransAlta stock sliding today?
Reserve Bank of Australia Set to Raise Cash Rate to Highest Level Since 2011
The Reserve Bank of Australia (RBA) is anticipated to increase its cash rate by 25 basis points to 4.60% during its upcoming meeting on September 29, 2026. This adjustment would mark the highest cash rate since late 2011 and represents the fourth hike of the year, bringing the total tightening in 2026 to 100 basis points. A recent Reuters poll indicated that 33 of 34 economists expect this move, reflecting a significant shift in sentiment from just a month ago when most anticipated the RBA would maintain its current rate.
The RBA's decision comes amid persistent inflationary pressures, with core inflation holding at 3.6% in July, exceeding the bank's target of 2% to 3%. Economists have noted that the RBA may be growing impatient with inflation levels, prompting the need for further tightening. The economic growth rate has also outpaced the RBA's sustainable estimate of around 2%, raising concerns about additional price pressures in the economy.
Most economists predict that the cash rate will remain at 4.60% through the end of December 2026, although a minority foresee a potential increase to 4.85%. The upcoming decision and the accompanying statement from RBA Governor Michele Bullock will be crucial in determining whether the market views 4.60% as a peak rate or a temporary stop in the tightening cycle.
Source: KLEA News