Traders on Polymarket price a 51% implied probability for the Reserve Bank of Australia (RBA) to hike its cash rate at the June 18 board meeting, edging out no change at 41%, driven by sticky underlying inflation. Q1 trimmed mean inflation accelerated to 3.8% year-over-year—above the 2-3% target and consensus forecasts—while the labor market remains tight with unemployment holding near 4.0% and robust jobs growth. The RBA's May decision maintained rates at 4.35% but adopted a hawkish tone, emphasizing data dependence amid persistent services inflation. A rate cut at 8% reflects low odds given cooling headline CPI but resilient wage pressures; focus now shifts to mid-June labor and inflation previews that could sway the closely contested hike/no-change dynamic.
Experimental AI-generated summary referencing Polymarket data · UpdatedIncrease 53%
No Change 42%
Decrease 8.5%
Decrease
9%
No Change
42%
Increase
53%
Increase 53%
No Change 42%
Decrease 8.5%
Decrease
9%
No Change
42%
Increase
53%
The resolution source for this market is information released by the Reserve Bank of Australia after its June 16, 2026 meeting, as listed on the official Reserve Bank of Australia calendar: https://www.rba.gov.au/schedules-events/board-meeting-schedules.html
This market may resolve as soon as the Reserve Bank of Australia's media release for their June 16, 2026 meeting with relevant data is issued. If no decision on the target for the cash rate is issued by the end date of the next scheduled meeting, this market will resolve to the "No Change" bracket.
Market Opened: Mar 19, 2026, 7:28 PM ET
Resolver
0x69c47De9D...The resolution source for this market is information released by the Reserve Bank of Australia after its June 16, 2026 meeting, as listed on the official Reserve Bank of Australia calendar: https://www.rba.gov.au/schedules-events/board-meeting-schedules.html
This market may resolve as soon as the Reserve Bank of Australia's media release for their June 16, 2026 meeting with relevant data is issued. If no decision on the target for the cash rate is issued by the end date of the next scheduled meeting, this market will resolve to the "No Change" bracket.
Resolver
0x69c47De9D...Traders on Polymarket price a 51% implied probability for the Reserve Bank of Australia (RBA) to hike its cash rate at the June 18 board meeting, edging out no change at 41%, driven by sticky underlying inflation. Q1 trimmed mean inflation accelerated to 3.8% year-over-year—above the 2-3% target and consensus forecasts—while the labor market remains tight with unemployment holding near 4.0% and robust jobs growth. The RBA's May decision maintained rates at 4.35% but adopted a hawkish tone, emphasizing data dependence amid persistent services inflation. A rate cut at 8% reflects low odds given cooling headline CPI but resilient wage pressures; focus now shifts to mid-June labor and inflation previews that could sway the closely contested hike/no-change dynamic.
Experimental AI-generated summary referencing Polymarket data · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions