The Reserve Bank of Australia policy meeting is coming, and the Reserve Bank of Australia may admit that it is considering raising interest rates

The RBA is expected to keep the official cash rate at 4.35% when it concludes its two-day policy meeting this week, and the RBA may admit that it is considering raising the official cash rate. Although this may be controversial given the backdrop of global rate cuts, RBA Governor Bullock will actively wait for more positive news from inflation data while downplaying the short-term impact of government tax rebates on CPI. It is important to note that the RBA did not raise interest rates as sharply as other central banks, but chose a longer low interest rate path to protect jobs. This situation continues and will continue for some time. (Jinshi)