The Case For More Rate Hikes Builds As Job Markets Remains (Mostly) Strong!

July 23, 2026 00:12:36
The Case For More Rate Hikes Builds As Job Markets Remains (Mostly) Strong!
Digital Finance Analytics (DFA) Blog
The Case For More Rate Hikes Builds As Job Markets Remains (Mostly) Strong!

Jul 23 2026 | 00:12:36

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Show Notes

Today we got the ABS Labour Force data for June 2026 and the strong result cements further the likelihood of another RBA rate hike this year. Traders are now pricing in a 36 per cent chance of higher borrowing costs when the RBA meets next month and are now fully priced for one more increase by the end of the year. That would take the cash rate to 4.6 per cent – which would be the highest since 2011. Before the employment data was published, markets had priced in a 22 per cent chance of an increase next month, and 79 […]

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