The Reserve Bank of Australia's policy meeting is approaching, and the Reserve Bank of Australia may admit to considering raising interest rates
2024-09-23 03:52:03
The official cash rate is expected to remain at 4.35% when the Reserve Bank of Australia wraps up its two-day policy meeting this week, and the Reserve Bank of Australia may admit that it is considering raising the official cash rate. While this may be controversial given the context of global interest rate cuts, Reserve Bank of Australia President Block will actively wait for more positive news from inflation data, while downplaying the short-term impact of government tax rebates on CPI. It should be noted that the Reserve Bank of Australia did not raise interest rates sharply like other central banks, but chose a longer path of low interest rates to protect employment. This situation is continuing, and will continue for some time. (Golden Ten)
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