# Reserve Bank of Australia raised rates by 25 basis points

*Economics. 95% certain. Tuesday, 29 September 2026*

> Speculative fiction assembled from prediction-market prices. This has not happened.

**The Swiss National Bank left rates unchanged and the Bank of Mexico held its policy steady.**

On Tuesday 29 September the Reserve Bank of Australia increased its cash rate by 25 basis points. The move came as other major central banks held rates steady. On Thursday 24 September the Swiss National Bank left its policy rate unchanged and the Bank of Mexico also kept its rate unchanged.

The Reserve Bank of Australia announced a 25-basis-point increase on Tuesday 29 September. The Change raised the cash rate by a quarter of a percentage point.

The Swiss National Bank held its policy rate steady on Thursday 24 September. The SNB made no Change to its key interest rate. The outcome was logged as unchanged.

The Bank of Mexico kept its policy rate unchanged on Thursday 24 September. The Mexican central Bank made no Change to its benchmark rate.

## Analysis

A 25-basis-point hike by the Reserve Bank of Australia typically raises borrowing costs for households and businesses, which can curb spending and put downward pressure on inflation.

The decisions by the Swiss National Bank and the Bank of Mexico to leave rates unchanged suggest that each authority judged inflation to be close to its target and saw little need for further adjustment. Both banks therefore continued with their existing policy stance.

Together these actions produce a mixed global monetary environment, with some jurisdictions tightening while others pause. The divergence may influence capital flows as investors compare returns across currencies. Policymakers will likely monitor each other's moves as they navigate domestic objectives.

## What this was built from

- **Reserve Bank of Australia Decision in September**: 25 bps increase, 95%; settles Tuesday, 29 September 2026 (polymarket). [Market](https://polymarket.com/event/reserve-bank-of-australia-decision-in-september-20260729163823944)
- **Bank of Mexico Decision in September?**: No change, 97%; settles Thursday, 24 September 2026 (polymarket). [Market](https://polymarket.com/event/bank-of-mexico-decision-in-september-20260623015231258)
- **Swiss National Bank decision in September?**: No Change, 100%; settles Thursday, 24 September 2026 (polymarket). [Market](https://polymarket.com/event/swiss-national-bank-decision-in-september)