RBA to Hike 25bps to 4.35%

RBA expected to raise cash rate by 25 basis points to 4.35% on May 5, its third hike this year.
Inflation remains above the 2‑3% target, driven by rising oil and energy prices from the Middle East conflict.
Analysts anticipate a neutral stance post‑hike, with cash rate likely staying at 4.35% and an extended pause possible.
Stronger AUD/USD near four‑year high supports bonds but may curb growth and hurt commodity exporters; ASX 200 faces pressure.