{"id":548734,"date":"2026-03-18T16:41:37","date_gmt":"2026-03-18T16:41:37","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/548734\/"},"modified":"2026-03-18T16:41:37","modified_gmt":"2026-03-18T16:41:37","slug":"artificial-intelligence-ai-predictions-spell-more-bad-news-for-mortgage-holders-ahead-of-rba-meeting","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/548734\/","title":{"rendered":"Artificial Intelligence (AI) predictions spell more bad news for mortgage holders ahead of RBA meeting"},"content":{"rendered":"

Three out of three AI models, \ufeffCoPilot, Perplexity and Google’s Gemini, have agreed there will be more cash rate rises in 2026, Bank of Queensland’s chief economist Peter Munckton said.<\/p>\n

\"$100A\ufeffustralia’s top economists aren’t the only ones predicting a series of unwelcome cash rate hikes this year. (Getty)<\/p>\n

While two of the AI tools were 70 per cent sure of a rate hike this week, one model was a little more conservative in its prediction.<\/p>\n

“But while CoPilot placed the risks of a rate rise at the March meeting at 30-70 (ie, 30 per cent chance of a hike) the two other models were the mirror image (70 per cent chance of a hike,” Munckton said.<\/p>\n

“I agree with the majority and expect a rate hike at the March meeting.”<\/p>\n

\"RBA\"\/Three out of three AI models, \ufeffCoPilot, Perplexity and Google’s Gemini, have agreed there will be more cash rate rises in 2026 (Getty)<\/p>\n

The AI tools’ predictions are in line with Australia’s big four banks.<\/p>\n

\ufeffCBA, ANZ Westpac and NAB have all shifted their cash rate predictions due to inflation running too hot, a stretched labour market, and the war in the Middle East \u2013 which is likely to add to inflation.<\/p>\n

All four big banks now anticipate the Reserve Bank will increase the cash rate 25 basis points when it meets tomorrow and by the same margin at the following meeting in May.<\/p>\n

\"RBAThe impact on repayments if there is another cash rate hike tomorrow. (9News)<\/p>\n

Munckton however said there was an argument for the RBA exercising caution and waiting until the May meeting to understand the impact of\ufeff the conflict in the Middle East.<\/p>\n

“But unless there is a substantial jump in financial market volatility leading into the meeting the RBA appears comfortable prioritising inflation risks,” he said<\/p>\n

“If higher oil prices does lead to some weakening of the economy that could be seen to be doing some of the work of interest rates in returning inflation to target.<\/p>\n

“This is ultimately a judgement call and it would not be surprising if there is a split decision at the March Board meeting.”<\/p>\n

NEVER MISS A STORY: Get your breaking news and exclusive stories first by following us across all platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"Three out of three AI models, \ufeffCoPilot, Perplexity and Google’s Gemini, have agreed there will be more cash…\n","protected":false},"author":2,"featured_media":548735,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":{"0":"post-548734","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-au","12":"tag-australia","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/548734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=548734"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/548734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/548735"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=548734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=548734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=548734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}