Statement by the Monetary Policy Board: Monetary Policy Decision

Australia Cash Rate Rises to 4.85%, Fifth Hike This Year

RBA raised the official cash rate from 4.6% to 4.85%, the highest since 2008, as it battles inflation at 4.3% amid global oil shocks. AUD strengthens on hawkish tightening; traders watch if central bank signals pause or further hikes ahead.

https://www.theguardian.com/australia-news/2026/nov/03/rba-interest-rates-decision-cash-rate-november-reserve-bank-australia

Australia Raises Cash Rate to 4.85% as Inflation Broadens

The RBA lifted its policy rate by 25 basis points to 4.85%, citing elevated and broadening inflation with materially higher revised forecasts. The decision reflects concerns over fuel and commodity prices. AUD/USD and crosses are sensitive to the tightening cycle's trajectory; traders should monitor the terminal rate guidance and inflation persistence signals.

https://www.actionforex.com/central-banks/reserve-bank-of-australia/659602-rba-statement-by-the-reserve-bank-board-monetary-policy-decisions-21/

Australia RBA: Capacity Constraints Tighter, Fuel Costs Spreading

RBA signalled capacity constraints are tighter than previously assessed, with fuel-cost inflation bleeding into broader goods and services. This hawkish signal on inflation persistence supports AUD and raises odds of sustained higher rates, pressuring AUD/USD lower and supporting AUD pairs against weaker peers.

https://x.com/financialjuice/status/2117459727454237034

Australia: RBA flags inflation staying above 3% through 2027

RBA signals inflation will remain elevated above 3% over the next year, with growing risk of entrenched higher inflation expectations. This shifts the central bank's reaction function toward extended higher rates, directly affecting AUD carry trades and rate differentials versus USD and EUR ahead of the RBA press conference.

https://x.com/financialjuice/status/2117459692439970232

Australia RBA Raises Cash Rate to 4.85% from 4.60%

The Reserve Bank of Australia lifted its cash rate by 25 basis points to 4.85%, matching forecasts. AUD/USD and AUD crosses will be the primary focus; the move signals the RBA's inflation-fighting stance continues, though the RBA remains data-dependent on future decisions amid global monetary divergence.

https://x.com/financialjuice/status/2117459474881605737