西太平洋银行：预计澳洲联储将在5月降息25个基点

Core Viewpoint - Westpac Bank analysts expect the Reserve Bank of Australia to cut interest rates by 25 basis points in the upcoming meeting on May 20 [1] Summary by Relevant Sections Monetary Policy Outlook - The short-term outlook for the Reserve Bank of Australia has been data-driven over the past few quarters, making it challenging to predict the committee's decisions [1] - If the revised average inflation rate for Q4 2024 does not unexpectedly decline, the committee is likely to maintain rates during the February 2025 meeting [1] Economic Conditions - Recent global turmoil has altered the situation and reversed the risk profile [1] - Despite disappointing inflation data in Q1, a 25 basis point rate cut in May is considered certain [1] Future Rate Cuts - Following the anticipated cut in May, two additional rate cuts are expected later this year [1] - The risks regarding the timing and magnitude of future cuts have shifted from previously being upward risks to downward risks [1]