Nov 3, 2026 (Australian Retail Council - ABIX via COMTEX) --
The Australian dollar and government bond yields fell yesterday, in response to the Reserve Bank's decision to increase official interest rates for the fifth time this year. However, bond traders have now priced in a 33 per cent chance of another interest rate rise in the current tightening cycle, compared with about 50 per cent prior to the Reserve Bank's decision. Andrew Lilley from Barrenjoey Group says the central bank's monetary policy statement suggests that it also believes that interest rates may have peaked. However, Kris Bernie from Kapstream says the high level of core inflation means it is too soon to rule out further rate rises.
COMTEX_1002356610/2229/2026-11-03T13:42:37
