{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/631a89913c2be9001415dc41/6ae0fc8d664593f80616950a?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Australian CPI to put RBA on a Knife-Edge ","description":"<p><strong>Wednesday 28th October 2026</strong></p><p><br></p><p><a href=\"https://www.nab.com.au/content/dam/nabrwd/documents/notice/corporate/nab-research-disclaimer.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">NAB Markets Research Disclaimer</a></p><p><a href=\"https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT\" rel=\"noopener noreferrer\" target=\"_blank\">Financial Services Guide | Information on our services -</a> <a href=\"https://www.nab.com.au/financial-services-guide?S_KWCID=SEACT\" rel=\"noopener noreferrer\" target=\"_blank\">NAB</a></p><p><br></p><p>Phil and NAB&#39;s Skye Masters break down a risk-on session across global equity markets set against a tense, pivotal day for monetary policy. Wall Street rallied—led by a 2.2% surge in the Nasdaq and broad tech strength—fuelled by news of mega-cap chip-financing deals and solid US consumer confidence readings. The primary focus, however, turns squarely to domestic macro data, with Australian Q3 CPI arriving today. With markets pricing in roughly a 60% probability of an RBA rate hike on Melbourne Cup Day, Skye explains why NAB sees downside risks to the consensus 1.0% trimmed mean expectation. Across global central banks, attention turns to meetings for the RBNZ, Bank of Canada, and the FOMC, alongside the delivery of the UK budget.</p>","author_name":"Phil Dobbie"}