<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Homeowners hoping for a Cup Day </span><a href="https://www.9news.com.au/interest-rates" rel="" target="_blank" title="interest rate"><span>interest rate</span></a><span> cut are expected to be left frustrated today with the Reserve Bank expected to keep the cash rate on hold in its November meeting.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>This year, the RBA has slashed interest rates from 4.35 per cent to 3.6 per cent and until recently, hopes were high for another cut by the end of 2025.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>But stubborn inflation and a relatively steady labour market offer little incentive for the bank to push further ahead after leaving rates on hold in the board's September meeting.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/theresa-binge-murder-police-announce-1-million-reward-to-help-find-murdered-nsw-mother/5c3abcdd-1d54-4528-a21b-6ee31675c92b" rel="" target="_blank" title="Police announce $1 million reward to help find NSW mother's killer"><strong><span>Police announce $1 million reward to help find NSW mother's killer</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>A Finder survey released at the end of October found that the vast majority of experts expected the bank to keep its finger on the pause button in November, and even likely in December.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>That's after the consumer price index rose 1.3 per cent in the September quarter, according to Australian Bureau of Statistics data.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>But the verdict isn't universal.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/interest-rates-reserve-bank-of-australia-november-decision/d70c56a3-161f-43ef-9e66-9286cdd459be" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/lung-cancer-screening-call-for-more-help/bd313473-93c8-4158-9342-1b27efe93a42" rel="" target="_blank" title=""><strong><span>Mother with stage four cancer's heartbreaking act for daughter</span></strong></a><strong><span></span></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Scott O'Neill, chief executive of property investment services company Rethink Group is predicting a 0.25 per cent cut to 3.35 per cent.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"It's a line-ball decision, but I'm backing a cut," O'Neill said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Inflation has landed squarely in the target range at 2.1 per cent headline (2.7 per cent trimmed mean), and with the economy showing clear signs of softening, the RBA has room to move."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/world/donald-trump-cnn-poll-worst-disapproval-rating-ever/9de1f1b2-6c22-400e-8e61-f077957599c5" rel="" target="_blank" title=""><strong><span>New US poll deals major blow to Donald Trump</span></strong></a><strong><span></span></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The RBA board's decision will be handed down at 2.30pm AEDT.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The bank's final board meeting for the year will take place in December.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>However, most experts are now predicting a rate cut to be delayed until partway through 2026.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. 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