Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Forex

Australia's Inflation Rate Triggers Fresh Bets on Interest Rate Hike

Guavy AI Editorial Team
Instruments
AUD
Share

Australia's inflation rate remains high, spurring economists from Goldman Sachs Group Inc to Commonwealth Bank of Australia (CBA) to predict another interest rate increase as early as next month.

The turnaround followed Wednesday's inflation report that showed price pressures remained elevated and came after minutes of the Reserve Bank of Australia's (RBA) August meeting indicated the RBA has low tolerance for higher consumer prices.

CBA predicted a quarter-point hike to 4.6% in November, with the risk of a move at the September 28 and 29 meeting, citing that 'tighter monetary policy is needed in the Australian economy.'

More on Forex

Forex 2m ago

Tokyo Inflation Hits 1.8%, Firing Up BOJ Rate Hike Speculation

Forex 2m ago

Hedge Funds Bet Big on Aussie as RBA Hike Expectations Outweigh NZ Election Risks

Forex 3m ago

IMF Sees New Zealand Economy Recovering from Middle East War Impact

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy