Nomura Insights: RBA Likely to Trim Rates by 25bps, But No Imminent Dovish Signals Expected
1 week ago / Read about 0 minute
Author:小编   

The Reserve Bank of Australia (RBA) is anticipated to unanimously decide to reduce interest rates by 25 basis points today, yet it will underscore its commitment to maintaining a "cautious and gradual" easing stance, aiming to refrain from conveying overly accommodative signals. The second-quarter inflation data has declined, suggesting that previous inflation concerns were exaggerated. Despite a marginal uptick in the unemployment rate, recent economic activity has been encouraging. This rate reduction is primarily driven by the policy leeway afforded by the decline in inflation, rather than stemming from a necessity for continuous easing in response to economic weakness.