Poll: 30 Of 32 Economists Expect RBA To Hike 25bps To 4.85% On 3 November, Up From 6 Of 28 Earlier In October

Would Be Fifth Hike This Year, Taking Total Tightening To 125bps And Rate To Highest Since December 2008 - Most Expect Final Hike Of Cycle; All Four Major Australian Banks Forecast Peak At 4.85% - Q3 Headline CPI At 3.9% Y/Y, Core At 3.7%, Vs RBA s 2% 3% Target - Westpac s Ellis: Further Hike Possible If Q4 Inflation High And Domestic Demand Resilient; No Cuts Expected Before August