The interest rate set by the Reserve Bank of Australia (RBA) is an essential economic indicator that has significant implications for the Australian economy and the global financial markets. The RBA interest rate influences the cost of borrowing for consumers and businesses, which can impact spending and investment decisions. Additionally, changes in the RBA interest rate can impact inflation, economic growth, and the value of the Australian dollar. As a result, monitoring changes in the RBA interest rate is crucial for investors, policymakers, and anyone interested in understanding the state of the Australian economy.
The current RBA Interest Rate is equal 4.1%.
RBA Interest Rate Forecast For 2023, 2024 And 2025
| Month | Open,% | Min-Max,% | Rate,% | Change |
| 2023 | ||||
| Jun | 3.85 | 3.85-4.35 | 4.10 | +0.25 |
| Jul | 4.10 | 3.85-4.35 | 4.10 | 0.00 |
| Aug | 4.10 | 4.10-4.85 | 4.60 | +0.50 |
| Sep | 4.60 | 4.35-4.85 | 4.60 | 0.00 |
| Oct | 4.60 | 4.60-5.10 | 4.85 | +0.25 |
| Nov | 4.85 | 4.35-4.85 | 4.60 | -0.25 |
| Dec | 4.60 | 4.35-4.85 | 4.60 | 0.00 |
| 2024 | ||||
| Jan | 4.60 | 4.10-4.60 | 4.35 | -0.25 |
| Feb | 4.35 | 3.85-4.35 | 4.10 | -0.25 |
| Mar | 4.10 | 3.60-4.10 | 3.85 | -0.25 |
| Apr | 3.85 | 3.10-3.85 | 3.35 | -0.50 |
| May | 3.35 | 2.61-3.35 | 2.86 | -0.49 |
| Jun | 2.86 | 2.10-2.86 | 2.35 | -0.51 |
| Jul | 2.35 | 1.60-2.35 | 1.85 | -0.50 |
| Aug | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Sep | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Oct | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Nov | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Dec | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| 2025 | ||||
| Jan | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Feb | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Mar | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Apr | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| May | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
| Jun | 1.85 | 1.60-2.10 | 1.85 | 0.00 |
RBA Interest Rate forecast for June 2023. Starting at 3.85%. This month the interest rate may be changed and receive a new value within the range of 3.85% to 4.35%, but it is most likely that the rate will be 4.10%, with a change of +0.25 points.
RBA rate prediction for July 2023. Starting at 4.10%. This month the interest rate may be changed and receive a new value within the range of 3.85% to 4.35%, but it is most likely that the rate will be 4.10%, no change.
RBA Interest Rate forecast for August 2023. Starting at 4.10%. This month the interest rate may be changed and receive a new value within the range of 4.10% to 4.85%, but it is most likely that the rate will be 4.60%, with a change of +0.50 points.
RBA rate prediction for September 2023. Starting at 4.60%. This month the interest rate may be changed and receive a new value within the range of 4.35% to 4.85%, but it is most likely that the rate will be 4.60%, no change.
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RBA Interest Rate forecast for October 2023. Starting at 4.60%. This month the interest rate may be changed and receive a new value within the range of 4.60% to 5.10%, but it is most likely that the rate will be 4.85%, with a change of +0.25 points.
RBA rate prediction for November 2023. Starting at 4.85%. This month the interest rate may be changed and receive a new value within the range of 4.35% to 4.85%, but it is most likely that the rate will be 4.60%, with a change of -0.25 points.
RBA Interest Rate forecast for December 2023. Starting at 4.60%. This month the interest rate may be changed and receive a new value within the range of 4.35% to 4.85%, but it is most likely that the rate will be 4.60%, no change.
RBA rate prediction for January 2024. Starting at 4.60%. This month the interest rate may be changed and receive a new value within the range of 4.10% to 4.60%, but it is most likely that the rate will be 4.35%, with a change of -0.25 points.
RBA Interest Rate forecast for February 2024. Starting at 4.35%. This month the interest rate may be changed and receive a new value within the range of 3.85% to 4.35%, but it is most likely that the rate will be 4.10%, with a change of -0.25 points.
RBA rate prediction for March 2024. Starting at 4.10%. This month the interest rate may be changed and receive a new value within the range of 3.60% to 4.10%, but it is most likely that the rate will be 3.85%, with a change of -0.25 points.
RBA Interest Rate forecast for April 2024. Starting at 3.85%. This month the interest rate may be changed and receive a new value within the range of 3.10% to 3.85%, but it is most likely that the rate will be 3.35%, with a change of -0.50 points.
RBA rate prediction for May 2024. Starting at 3.35%. This month the interest rate may be changed and receive a new value within the range of 2.61% to 3.35%, but it is most likely that the rate will be 2.86%, with a change of -0.49 points.
RBA Interest Rate forecast for June 2024. Starting at 2.86%. This month the interest rate may be changed and receive a new value within the range of 2.10% to 2.86%, but it is most likely that the rate will be 2.35%, with a change of -0.51 points.
RBA rate prediction for July 2024. Starting at 2.35%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.35%, but it is most likely that the rate will be 1.85%, with a change of -0.50 points.
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RBA Interest Rate forecast for August 2024. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA rate prediction for September 2024. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA Interest Rate forecast for October 2024. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA rate prediction for November 2024. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA Interest Rate forecast for December 2024. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA rate prediction for January 2025. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA Interest Rate forecast for February 2025. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA rate prediction for March 2025. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA Interest Rate forecast for April 2025. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA rate prediction for May 2025. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
RBA Interest Rate forecast for June 2025. Starting at 1.85%. This month the interest rate may be changed and receive a new value within the range of 1.60% to 2.10%, but it is most likely that the rate will be 1.85%, no change.
The forecast is updated on daily basis.
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