{"id":949791,"date":"2026-11-02T11:26:10","date_gmt":"2026-11-02T11:26:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/949791\/"},"modified":"2026-11-02T11:26:10","modified_gmt":"2026-11-02T11:26:10","slug":"worst-in-living-memory-cba-issues-dire-warning-ahead-of-rba-call","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/949791\/","title":{"rendered":"\u2018Worst in living memory\u2019: CBA issues dire warning ahead of RBA call"},"content":{"rendered":"<p>Welcome to our live finance coverage as Australia gears up for a huge call from the RBA on Melbourne Cup day.<\/p>\n<p>The last time the central bank met six weeks ago it raised rates by 25 basis points to 4.60 per cent, following on from three successive rate hikes earlier in the year.<\/p>\n<p>Last week, worse-than-expected inflation data was published by the ABS showing annual headline CPI accelerating to 4.3 per cent in September, while underlying inflation lifted to 3.7 per cent \u2014 remaining stubbornly well above the Reserve Bank\u2019s 2 to 3 per cent target band and prompting all four big banks to lock in forecasts for another hike.<\/p>\n<p>If you are interested in finance, check out our new podcast <a class=\"body-link\" href=\"https:\/\/www.youtube.com\/@StressTestedPodcast\" title=\"www.youtube.com\" rel=\"nofollow noopener\" target=\"_blank\">Stress Tested<\/a><\/p>\n<p><img decoding=\"async\" class=\"poster-img\" src=\"https:\/\/content.api.news\/v3\/images\/bin\/62b9b080a99b2e473f7d4bd48ca84988\" data-sctrack=\"op-poster-img\" alt=\"Bouris smashes punching bag outside RBA office\" fetchpriority=\"high\"\/><\/p>\n<p>Keep reading for updates.<\/p>\n<p>Read related topics:<a class=\"topic_tag\" href=\"https:\/\/www.news.com.au\/topics\/melbourne\" data-tgev-container=\"story-topic-links\" data-tgev-label=\"Melbourne\" data-tgev-order=\"1\" data-tgev-metric=\"npv\" data-tgev=\"event10\" rel=\"nofollow noopener\" target=\"_blank\">Melbourne<\/a><a class=\"topic_tag\" href=\"https:\/\/www.news.com.au\/topics\/sydney\" data-tgev-container=\"story-topic-links\" data-tgev-label=\"Sydney\" data-tgev-order=\"2\" data-tgev-metric=\"npv\" data-tgev=\"event10\" rel=\"nofollow noopener\" target=\"_blank\">Sydney<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Welcome to our live finance coverage as Australia gears up for a huge call from the RBA on&hellip;\n","protected":false},"author":2,"featured_media":949792,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[516940,464265,442774,393488,471415,474723,516931,401986,516933,516938,516930,63,21976,32092,394705,1545,209254,186,5298,43,516937,516939,84818,44,377037,516935,516941,516942,14825,516934,43157,455255,670,384862,14822,443936,421751,188490,377403,516936,402668,516929,516932,41,39,42,40,105065,4126,444573,307777],"class_list":["post-949791","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-s-2-to-3","tag-25-basis-points","tag-3-7","tag-4-3","tag-4-60","tag-a-big-call","tag-a-carnival-punching-bag-100m","tag-a-huge-call","tag-all-four-big-banks","tag-annual-headline-cpi","tag-another-hike-if","tag-australia","tag-cba","tag-cent","tag-cent-target-band","tag-day","tag-dire-warning","tag-finance","tag-forecasts","tag-headlines","tag-its-next-move","tag-living-memory","tag-melbourne-cup","tag-news","tag-our-live-coverage","tag-our-live-finance-coverage","tag-our-new-podcast-stress-testedyellow-brick-road-founder","tag-rate-call","tag-rates","tag-rba-call","tag-september","tag-six-weeks","tag-sydney","tag-the-abs","tag-the-central-bank","tag-the-fate","tag-the-last-time","tag-the-nation","tag-the-rba","tag-the-rba-office-keep-reading","tag-the-reserve-bank","tag-the-year-last-week","tag-three-successive-rate-hikes","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-underlying-inflation","tag-updates","tag-worse-than-expected-inflation-data","tag-worst"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/949791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=949791"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/949791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/949792"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=949791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=949791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=949791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}