What new inflation data means for the next RBA rate decision

Inflation rose to 4 per cent in the year to August, slightly lower than many expected, and market odds of another rate rise in November have fallen to 20 per cent. Housing costs are up 5.7 per cent and transport is up 5.6 per cent over the year, while trimmed mean inflation, the measure the Reserve Bank watches most closely, is steady at 3.6 per cent. ANZ says a November hike is more likely than not and Westpac expects one unless energy costs fall, while the Commonwealth Bank expects a hold, so will the Reserve Bank raise rates again?