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RBA expected to deliver third interest rate hike of the year in May
May 3, 2026
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Posted 2 hours ago by
The Reserve Bank of Australia is expected to lift interest rates by 25 basis points again for the month of May, according to CommSec’s Gillian Bowen. “Market expectations are for a 25 basis point hike, taking the official cash rate to 4.35 per cent,” he told Sky News Australia. “And if that happens, it will be the third interest rate hike of the year.” Presented by CommSec.
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Sky News Australia
Coverage and analysis from Australia. All insights are generated by our AI narrative analysis engine.
Australia
Bias: right
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