What is the next RBA rate decision?
The Reserve Bank of Australia is expected to raise interest rates by 25 basis points at its November 2-3, 2026 meeting. This is currently the most likely outcome.
RBA Rate Decision
Hike 25 bps
Rates went up
We predicted Hike 25 bps the day before
How accurate are these forecasts?
Based on previous data, the accuracy is:
The 6 previous decisions were:
- Feb 2-3, 2026 · HikeMarket expected Hold 1 month before
- Mar 16-17, 2026 · HikeMarket expected Hold 1 month before
- May 4-5, 2026 · Hike
- Jun 15-16, 2026 · Hold
- Aug 10-11, 2026 · Hold
- Sep 28-29, 2026 · Hike 25 bpsMarket expected Hold 1 month before
↓ Cut= Hold↑ Hike
1 month before, the market got 3 of 6 meetings wrong.
When is the next RBA meeting?
The next Reserve Bank of Australia Monetary Policy Board meeting is November 2-3, 2026. The interest rate decision is announced at 2:30 p.m. Sydney time on Tuesday, November 3, 2026, followed by the Governor's press conference an hour later.
Which RBA interest rate does this forecast refer to?
The cash rate target, the Reserve Bank of Australia's policy rate.