Subject: RBA Rate Tracker

⚡️ Highlights:

1. The RBA Rate Indicator shows market expectations of a change in the Official Cash Rate set by the Reserve Bank of Australia based on ASX 30 Day Interbank Cash Rate Futures.

2. The current official cash rate as determined by the RBA is 4.10%, with the next RBA Board meeting and Official Cash Rate announcement scheduled for 5th May 2026.

3. As of 7th April, the ASX 30 Day Interbank Cash Rate Futures May 2026 contract was trading at 95.77, indicating a 62% expectation of an interest rate increase to 4.35% at the next RBA Board meeting.

4. Market expectations of an interest rate change at the next RBA Board meeting have fluctuated in recent trading days, with the percentage probability of an interest rate increase to 4.35% ranging from 55% to 72%.

5. The RBA rate indicator provides market participants and commentators with a useful tool to monitor official cash rate expectations in Australia.

✍️ RBA Rate Indicator | Full Article

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