Commonwealth Bank of Australia stock: CBA sees RBA rate at 4.85%

Commonwealth Bank of Australia stock is heading into a key policy week as the Reserve Bank of Australia prepares to announce its decision on Tuesday, November 3, 2026. CBA expects the cash rate to rise by 25 basis points to 4.85 percent, according to Canstar.

Inflation keeps pressure on policy

Canstar reported on October 28 that Australian headline inflation reached 4.3 percent in the year to September, while trimmed mean inflation rose to 3.6 percent. The figures increased pressure on the RBA ahead of its November meeting and prompted CBA and the other major banks to move toward a rate increase forecast.

CBA's expected move would mark a further tightening step for households and businesses. Higher borrowing costs could weigh on credit demand, while deposit holders may benefit from higher savings rates. The policy decision and the accompanying communication will be important for expectations about the path beyond November.

Market quote before the decision

Commonwealth Bank of Australia stock traded at 104.55 euros on Lang & Schwarz at 17:06 CET on Sunday, November 1, 2026. Investors will focus on the RBA's decision and its assessment of persistent inflation pressure.

For the real-time quote of Commonwealth Bank of Australia stock, the policy decision remains the next scheduled market event.

The broader S&P/ASX 200 market backdrop will provide the regional setting as investors assess the RBA decision.

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