# ‘Worst in living memory’: Dismal auction rate

> Australia's RBA is set to decide on interest rates on Melbourne Cup day after the ABS reported annual headline CPI accelerating to 4.3% in September and underlying inflation at 3.7%. The central bank last raised rates six weeks ago to 4.60%, and all four big banks forecast another hike.

- Date: 2026-11-01 · published 2026-11-01T23:41:56.092Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/74255-worst-in-living-memory-dismal-auction-rate
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Domestic Australian monetary policy has little direct effect on feed grain or meal prices, so the impact on feed buyers is limited to the currency channel.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- news.com.au: https://www.news.com.au/finance/worst-in-living-memory-dismal-auction-clearance-rate-as-rba-prepares-for-huge-call/live-coverage/7db53ed608c32920e600eff0aaadc8fe

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.