List of key points of the Reserve Bank of Australia's interest rate decision: no mention of the possibility of interest rate hikes
2024-05-07 04:44:27
< br > < span class = "section-news" > 1. Interest rate level: The Reserve Bank of Australia left its policy rate unchanged at 4.35% for the fourth consecutive time, in line with market expectations. < br > < span class = "section-news" > 2. Forward guidance: The forecast assumes interest rates remain at 4.35% until mid-2025, nine months longer than the February forecast. < br > < span class = "section-news" > 3. Inflation expectations: Short-term headline inflation is expected to rise and core inflation to slow more slowly, not ruling out any possibility. < br > < span class = "section-news" > 4. Economic Expectations: GDP growth is forecast to be 1.6% in December 2024, 2.3% in December 2025, and 2.4% in June 2026. < br > < span class = "section-news" > 5. Job Market: The labor market is tighter than previously assumed, with less spare capacity in the economy and wage growth exceeding sustainable levels.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
