CommBank forecasts November RBA rate hike to 4.85% as inflation risks rise
Bitget2026/10/28 04:01- Commonwealth Bank economists expect the RBA to raise its cash rate by 0.25 percentage points to 4.85% in November 2026.
- The revised forecast reflects RBA warnings of higher inflation, driven by energy costs and tighter domestic capacity.
- Higher rates are expected to weaken growth, soften home prices and push unemployment above previous forecasts.
- Following a November increase, the RBA is expected to hold rates steady in December and February while assessing economic conditions.
- Rate cuts are forecast for August and November 2027, conditional on sufficient inflation progress.
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