NAB expects RBA to raise cash rate 25 basis points to 4.85% in November

• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.