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Australia's Inflation Steady as RBA Eyes Policy Easing

10/11/2025

Summary

Story summary

Australia’s inflation remains within the Reserve Bank of Australia (RBA) target of 2-3%, with Governor Michele Bullock citing a strong labor market and rising household consumption.
The RBA kept the cash rate at 3.6% and will review September's job data.
Economists expect policy easing after the November meeting, contingent on the forthcoming inflation report.
Global uncertainties, including trade tensions and weaker Chinese demand, continue to pose challenges.

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Story summary

Australia’s inflation remains within the Reserve Bank of Australia (RBA) target of 2-3%, with Governor Michele Bullock citing a strong labor market and rising household consumption.
The RBA kept the cash rate at 3.6% and will review September's job data.
Economists expect policy easing after the November meeting, contingent on the forthcoming inflation report.
Global uncertainties, including trade tensions and weaker Chinese demand, continue to pose challenges.