RBA Will Raise Cash Rate Above 4.35%

The RBA will raise the cash rate target above 4.35% at its September 28-29, 2026 meeting. Policymakers will point back to the June data where trimmed mean inflation increased to 3.6% in the June quarter even as annual CPI eased to 3.8% in the year to June 2026. The board left the rate at 4.35% on J…