A November RBA Tightening

Terry McCrann continues to highlight the risk of an increase in the RBA’s official cash rate in November:

The only thing that could stay the RBA’s hand on the rate lever on Cup Day is a mild September quarter CPI inflation figure.

And it would now have to be milder than a tobacco-free cigarette. And/or some sort of utter disaster in the US.

But even if so, almost nothing can save the governor . . . from hiking early next year.