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澳联储如期降息25基点至两年新低 政策前景仍持审慎基调
Zhi Tong Cai Jing·2025-08-12 06:45

Group 1 - The Reserve Bank of Australia (RBA) has lowered the benchmark interest rate by 25 basis points to 3.60%, marking a two-year low, due to slowing inflation and a loosening labor market [1] - The RBA's decision aligns with market expectations, following a previous hold in July that surprised markets amid rising unemployment and expected inflation decline [1][2] - The RBA remains cautious about further easing policies despite the recent rate cut, citing high uncertainty regarding overall demand and potential supply [1] Group 2 - Recent data shows that overall inflation fell to 2.1% in the June quarter, with core inflation at a three-year low of 2.7%, while the unemployment rate increased from 4.1% to 4.3% [2] - The effects of previous rate cuts in February and May are becoming evident, with consumer spending beginning to rise due to falling inflation and prior tax cuts [2] - The RBA has revised down its economic growth expectations due to persistent productivity issues but still anticipates a stabilization in the labor market [2]