By April Glover
Publication Date: 2026-03-16 01:40:00
Three out of three AI models, CoPilot, Perplexity and Google’s Gemini, have agreed there will be further interest rate hikes in 2026, Bank of Queensland chief economist Peter Munckton said.
While two of the AI tools were 70 percent certain there would be a rate hike this week, one model was slightly more conservative in its prediction.
“But while CoPilot put the risk of a rate hike at 30-70 (i.e. 30 percent chance of a rate hike) at the March meeting, the other two models were the mirror image (70 percent chance of a rate hike),” Munckton said.
“I agree with the majority and expect a rate hike at the March meeting.”
The AI tools’ predictions are consistent with those of Australia’s big four banks.
CBA, ANZ Westpac and NAB have all changed their cash rate forecasts…
