{
  "id": 17887778,
  "title": "RBA interest rates live: Reserve Bank of Australia meeting today before cash rate decision and announcement – latest news",
  "url": "https://urgent.news/2026/11/03/rba-interest-rates-live-reserve-bank-of-australia-meeting-today",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T01:39:59.000Z",
  "source": {
    "name": "The Guardian",
    "slug": "the-guardian",
    "url": "https://www.theguardian.com/australia-news/live/2026/nov/03/rba-interest-rates-meeting-today-latest-news-australia-reserve-bank-cash-rate-announcement-decision-live-updates"
  },
  "original_language": "en",
  "account": "The Reserve Bank of Australia is set to meet today to announce a potential interest rate hike, marking the fifth increase this year and the highest level in 18 years. Treasurer Jim Chalmers warned that Australians are facing a \"difficult decision\" as the cash rate could rise to 4.85%. The powerful Expenditure Review Committee has already met and will reconvene to discuss potential savings ahead of the mid-year budget update. Chalmers assured that the government is actively working on identifying savings options to ensure the most responsible budget update possible. Despite the pressures already faced by consumers, the decision of the Reserve Bank will further strain the financial landscape.",
  "summary": "Reserve Bank is expected to raise interest rates to an 18-year high on Tuesday, the fifth hike this year Get our breaking news email , free app or daily news podcast Asked why Labor can’t guarantee it won’t find net savings in the mid-year budget update, Chalmers told RN the government is undertaking that task this month ahead of December’s release. We are currently working our way through the…",
  "key_points": [
    "Reserve Bank of Australia to meet today for interest rate decision",
    "Treasurer Jim Chalmers warns of potential 4.85% cash rate hike",
    "Government working on savings options for responsible budget update"
  ],
  "editors_take": "A potential hike to the highest level in eighteen years signals a tightening financial landscape that will further strain consumers already struggling under the weight of previous rate increases.",
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Dollar under pressure as oil prices slump, Australia rate decision awaited",
        "url": "https://urgent.news/2026/11/03/dollar-under-pressure-as-oil-prices-slump-australia-rate-decision-17888765",
        "published": "2026-11-03T01:11:05.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Dollar under pressure as oil prices slump, Australia rate decision awaited",
        "url": "https://urgent.news/2026/11/03/dollar-under-pressure-as-oil-prices-slump-australia-rate-decision",
        "published": "2026-11-03T01:12:25.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar under pressure as oil prices slump, Australia rate decision awaited",
        "url": "https://urgent.news/2026/11/03/dollar-under-pressure-as-oil-prices-slump-australia-rate-decision-17901572",
        "published": "2026-11-03T03:18:25.000Z"
      },
      {
        "outlet": "RNZ Business",
        "title": "Reserve Bank of Australia raises its cash rate to 4.85 percent",
        "url": "https://urgent.news/2026/11/03/reserve-bank-of-australia-raises-its-cash-rate-to-4-85-percent",
        "published": "2026-11-03T03:55:06.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Indian Rupee extends winning streak against US Dollar amid lower oil prices",
        "url": "https://urgent.news/2026/11/03/indian-rupee-extends-winning-streak-against-us-dollar-amid-lower-oil",
        "published": "2026-11-03T05:49:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}