EL7.AI
StocksMediumUpdated×2•Originally published 29 September 2026•Updated 29 September 2026•
1 min read

RBA Raises Interest Rates to 4.60% Citing Persistent Inflation

Key Facts

1Asian stocks declined as rising bond yields and oil prices weighed on investor risk appetite.
2Markets are awaiting the Reserve Bank of Australia's policy decision amid expectations of a rate hike.

The Reserve Bank of Australia raised the cash rate by 25 basis points to 4.60% at its meeting on September 29, 2026. The central bank cited persistent inflation and escalating geopolitical risks as the primary drivers for the policy tightening.

The decision followed a decline in Asian equities driven by rising bond yields and higher energy costs. Investing.com reported that tightening financial conditions weighed on regional risk appetite ahead of the move, which aligned with market expectations for a 25-basis-point increase.

Latest Updates · 1

  1. Notable·

    Update: Following its decision on September 29, 2026, the Reserve Bank of Australia hinted at the possibility of further interest rate increases in the future. The central bank indicated that the future policy path will remain data-dependent to ensure inflation returns to target levels.