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, providing a percentage probability of an interest rate change based on market determined prices in the ASX 30 Day Interbank Cash Rate Futures. 2. The current official cash rate set by the RBA is 3.85%, with the next RBA Board meeting and Official Cash Rate announcement scheduled for March 17, 2026. 3. As of March 13, the ASX 30 Day Interbank Cash Rate Futures March 2026 contract was trading at 96.07, indicating a 71% expectation of an interest rate increase to 4.10% at the next RBA Board meeting. 4. The RBA Rate Indicator is updated at the end of each business day to reflect any changes in market expectations for an interest rate change. 5. Market expectations of an interest rate change at the next RBA Board meeting have fluctuated in recent days, with the calculation based on the ASX Rate Indicator calculation showing an increasing likelihood of a rate increase to 4.10%.
✍️ RBA Rate Indicator | Full Article
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