RBA Expected to Hike Rates by 25bps as Markets Await Key Asian Data

Key Facts

1The Reserve Bank of Australia is expected to raise interest rates by 25 basis points.

2Markets are awaiting China's PMI data and inflation readings from Japan and South Korea.

The Reserve Bank of Australia is expected to raise interest rates by 25 basis points. According to ING, the anticipated hike comes as markets await China's PMI data and key inflation readings from Japan and South Korea to gauge regional economic health.

Central banks are currently managing persistent inflation pressures, with Indonesia's CPI expected to accelerate to 3.3% due to rising food prices. Recent regional data from September 22, 2026, showed Australia's Manufacturing PMI at 49.3, while South Korea's Consumer Confidence reached 106.6 on the same date.