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RBA May Hike Rates by 2026 Amid Growth Surge

11/28/2025

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Story summary
  • The Reserve Bank of Australia (RBA) could raise rates in early 2026 if growth accelerates and the labor market tightens, per Sally Auld, chief economist at National Australia Bank.
  • Auld notes the RBA faces a unique challenge after a soft landing without a recession.
  • She says full employment and a 2.25% trend growth could heighten inflation pressures.
  • Economists at Commonwealth Bank and UBS also share this view.