Inflation Surge Wipes Out Chances of November Rate Cut, RBA May Hike Instead
Inflation in Australia has surged to 3.2% for the year to September 2025, far above the Reserve Bank of Australia’s (RBA) target band of 2%–3%. This sharp uptick is concentrated in sectors such as electricity (+24% year-on-year) and groceries (+3.1%). For investors following monetary policy-sensitive markets, this jump in inflation is the key reason the…