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ANZ Now Expects RBA to Raise Rates 25bp in September and November

ANZ now expects the Reserve Bank of Australia to raise its policy rate by 25 basis points in September and by another 25 basis points in November. The bank’s revised call points to two further hikes this year, tightening monetary policy at both meetings.

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AI take

This is a rates call from a major bank, not an RBA decision, so its weight rests on ANZ's read of the inflation and growth backdrop rather than on any policy signal. For crypto and RWA markets, the significance is the rate path itself: two more hikes would keep the global tightening impulse alive and reinforce the higher-for-longer backdrop that has pressured risk assets. The open question is whether other forecasters converge on ANZ's view or the RBA's own communication pushes back.

Generated by AI for reference only.

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