{"id":566679,"date":"2026-05-05T02:38:08","date_gmt":"2026-05-05T02:38:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/566679\/"},"modified":"2026-05-05T02:38:08","modified_gmt":"2026-05-05T02:38:08","slug":"rba-interest-rate-decision-economists-tip-hike-to-4-35-per-cent","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/566679\/","title":{"rendered":"RBA interest rate decision: Economists tip hike to 4.35 per cent"},"content":{"rendered":"<p>Australians are on edge ahead of the Reserve Bank\u2019s interest rate decision on Tuesday afternoon, with many experts tipping another hike.<\/p>\n<p>The cash rate sits at 4.10 per cent following hikes in February and March, as the economy strained under growing inflation and a then a global oil shock.<\/p>\n<p><img decoding=\"async\" class=\"poster-img\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/967134bc0ec53d8d8f24213eac55be9a\" data-sctrack=\"op-poster-img\" alt=\"Younger Aussies hope for relief in next Budget\" fetchpriority=\"high\"\/><\/p>\n<p>Economists believe the RBA will raise the cash rate to 4.35 per cent with the decision due at 2.30pm AEST but there are warnings of recession either way.<\/p>\n<p>Roy Morgan has called for rates to be held despite the consumer price index hitting 4.6 per cent in the 12 months to March, saying it could plunge Australia into a \u201crecession we don\u2019t have to have\u201d.<\/p>\n<p>Read on for more updates.<\/p>\n<p>Read related topics:<a class=\"topic_tag\" href=\"https:\/\/www.news.com.au\/topics\/reserve-bank\" data-tgev-container=\"story-topic-links\" data-tgev-label=\"Reserve Bank\" data-tgev-order=\"1\" data-tgev-metric=\"npv\" data-tgev=\"event10\" rel=\"nofollow noopener\" target=\"_blank\">Reserve Bank<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Australians are on edge ahead of the Reserve Bank\u2019s interest rate decision on Tuesday afternoon, with many experts&hellip;\n","protected":false},"author":2,"featured_media":566680,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1487,428,7614,194097,84,9920,194098,20083,194099,1294,194096,4813,27914,585,39242,126599,7618,170651,4761,35511,52857,56,54,55],"class_list":["post-566679","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asia","tag-australia","tag-australia-and-new-zealand","tag-australians-brace","tag-business","tag-cash-rate","tag-cash-rate-sits","tag-consumer-price-index","tag-crucial-interest-rate","tag-economy","tag-hike-warning","tag-interest-rate","tag-interest-rate-decision","tag-iran","tag-jim-chalmers","tag-michele","tag-oceania","tag-paul-murray","tag-reserve-bank-of-australia","tag-roy-morgan","tag-southern-asia","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/566679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=566679"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/566679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/566680"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=566679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=566679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=566679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}