CBA ups RBA rate forecast; sees 2.1% year-end, with risk of 2.35%
By Sophia Rodrigues
Published On 07 Jun 2022 , 04:58 PMEconomists at Commonwealth Bank have revised higher their forecast for RBA cash rate, now expecting the rate to reach 2.1% by end-2022, with a risk of 2.35%.
Previously CBA's forecast was for the cash rate to touch 1.35% by December.
CBA expects RBA to hike 50bps in July, followed by 25bps hikes in August, September and November. The risk for 2.35% cash rate by December would mean 50bps hike in August.
"There has been a clear shift in tone and stance from the Board and we now expect the RBA to front load rate hikes," CBA wrote in a note.
LATEST SNIPPETS
Australia Jan Unemployment Rate Stays at 4.1%
Australia's unemployment rate was unchanged at 4.1% in January, data from the Australian Bureau of Statistics sho...
Published on : 19 Feb 2026 , 11:39 AMRBNZ Leaves OCR unchanged at 2.25%
The Reserve Bank of New Zealand kept the Official Cash Rate unchanged at 2.25%, meeting expectations.
Australia Wage Price Index Rises 3.4% y/y in December Qtr
Australia's wage price index rose 0.8% q/q in the December 2025 quarter, leaving the y/y pace unchanged at 3.4%,...
Published on : 18 Feb 2026 , 11:38 AMRBA Lifts Cash Rate to 3.85%
The Reserve Bank of Australia raised the cash rate by 25bps to 3.85%, marking a quick turnaround from a 25bps cut del...
Published on : 03 Feb 2026 , 02:37 PMRBA Maintains Cash Rate at 3.60%
The Reserve Bank of Australia left the cash rate unchanged at 3.60%, judging it appropriate to remain cautious w...
Published on : 09 Dec 2025 , 02:45 PMRBNZ Trims OCR 25bps to 2.25%
The RBNZ cut the Official Cash Rate by 25bps to 2.25%, and flagged this may be the end of the easing cycle.
RBA Cash Rate Steady at 3.60%
The Reserve Bank of Australia kept the cash rate unchanged at 3.60%, citing remaining inflationary pressure, pri...
Published on : 04 Nov 2025 , 02:36 PMRBNZ lowers OCR 50bps to 2.5%
The RBNZ cut the Official Cash Rate by 50bps to 2.5% citing prolonged spare capacity and the associated downside...
Published on : 08 Oct 2025 , 12:15 PMRBA Leaves Cash Rate Unchanged at 3.60%
The Reserve Bank of Australia left the cash rate unchanged at 3.60%, in line with expectations.
The to...
Published on : 30 Sep 2025 , 02:36 PMSlightly More Emphasis on Upside Risks In RBA Bullock's Speech
Key headlines from RBA Governor Michele Bullock's opening statement at Parliamentary testimony Monday:
...
Published on : 22 Sep 2025 , 11:16 AM