Australia Q3 CPI Playbook: Will Softer-Than-Expected CPI Trigger an RBA Interest Rate Cut? | Metals Mine

  • Australia Q3 CPI Playbook: Will Softer-Than-Expected CPI Trigger an RBA Interest Rate Cut?

    From pepperstone.com

    At its September meeting, the RBA kept the cash rate at 3.6%, describing policy as “still a little restrictive,” while reaffirming its focus on delivering price stability and full employment. Since then, the RBA has assessed the September employment data, which revealed a 20bp rise in unemployment to 4.5%, the highest since November 2021 — along with a loss of 40,900 full-time jobs. Although the increase partly reflected a rise in participation and labour supply, the RBA would still see 4.5% as close to full employment. On balance, the jobs data could support one more 25bp rate cut to bring the cash rate to a ... (full story)

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Trader#5617
Oct 26, 2025 11:31pm
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They'll need to revise their unemployment estimates at the very least. They had unemployment pegged @ 4.3% until 2027 or something ridiculously too far ahead. That's going to impact the bottom line no matter which way you cut it - haha pun not intended but meh, I'll taker it. RBA certainly have history. A little more colorful than the FED... if you ask me.
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