NAB expects RBA to raise cash rate 25 basis points to 4.85% in November
Bitget2026/10/29 06:41- NAB expects the Reserve Bank of Australia to raise its cash rate 25 basis points to 4.85% on Tuesday in November.
- September headline inflation reached 4.3% year over year, exceeding expectations of 4.2%.
- Trimmed mean inflation rose 1.0% in the September quarter, bringing annual underlying inflation to 3.7%.
- Almost 60% of the CPI basket recorded annualized price increases of at least 3.5% over the past three months.
- Rates would likely remain steady following the increase; the next monthly CPI release is scheduled for November 25.
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