凯投宏观:澳大利亚潜在通胀数据回升 澳洲联储政策立场或趋谨慎
Xin Hua Cai Jing·2025-10-29 02:45

Core Viewpoint - Australia's inflation performance in the third quarter has shown strong potential, with the revised average Consumer Price Index (CPI) increasing from 0.6% in the second quarter to 1.0% [1] Group 1: Inflation Data - The CPI increase has surpassed the threshold set by the Reserve Bank of Australia (RBA) Governor Michele Bullock, which was a significant upward surprise of at least 0.9% [1] - This inflation trend reduces the likelihood of the RBA further easing monetary policy [1] Group 2: Monetary Policy Outlook - The RBA is expected to maintain the current policy interest rate in the upcoming monetary policy meeting [1] - Economic activity has rebounded, indicating that the risks are now skewed towards smaller rate cuts than previously estimated, suggesting that market expectations for multiple rate cuts this year may have been overly optimistic [1]