Squiz Today Interest rates hold steady, and a shonky anniversary
Nov 4, 2025
Interest rates remain steady as the Reserve Bank of Australia holds them at 3.6%. ASIO raises alarms over assassination threats from foreign nations. The Melbourne Cup makes headlines with an all-Australian victory for Jamie Mellum. Plus, a reflection on Dick Cheney's legacy following his passing. Don’t miss tonight's Beaver Moon and the latest on the Squiz Quiz! Tune in for a deep dive into these engaging stories.
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Rates On Hold As Inflation Outlook Worsens
- The RBA held rates at 3.6% and warned inflation may stay higher than expected next year.
- That pushed economists to delay or reconsider the timing of any future rate cuts.
Inflation Forecasts Revised Up
- The RBA's inflation forecasts were revised up, with June 2026 headline inflation rising from 3.1% to 3.7%.
- That revision increases uncertainty about when, or if, the next rate cut will occur.
Stocks Dip After RBA Decision
- Markets responded negatively, with the ASX falling about 0.9% to a six-week low after the RBA decision.
- The economic backdrop and higher inflation expectations are weighing on Australian equities.