FC Capital says RBA rate hikes lift cash rate to 3.6% on inflation, oil-price pressures
TLT•The RBA lifted its cash rate to 3.6%, citing persistent domestic inflation pressure tied to elevated oil prices; Australia’s headline inflation rose to 4% in August from 3.6%, while trimmed-mean inflation held at 3.6%.
1. Rate and inflation outlook
FC Capital’s September 2026 economic update said the RBA lifted the cash rate to 3.6% and flagged a continued bond sell-off amid higher policy rates. Its base case is for the RBA to hold in November, with markets pricing less than a 20% chance of another hike.
