澳联储声明全文：维持利率不变，上调通胀预期

Core Viewpoint - The Reserve Bank of Australia (RBA) has decided to maintain the cash rate at 3.60%, citing recent inflation increases and uncertain economic prospects as key factors [1][2]. Inflation Trends - Recent inflation has risen, with core inflation increasing from 2.7% to 3.0% in the September quarter, exceeding previous expectations [3] - Overall inflation rose to 3.2% in the September quarter, influenced by the end of electricity subsidies in several states [3] - The RBA anticipates core inflation to rise above 3% in the coming quarters, before declining to 2.6% by 2027 [3] Domestic Economic Activity - Domestic economic activity is recovering, with private demand showing continued strength and a robust real estate market [4] - Employment growth has slowed, with the unemployment rate increasing from 4.3% in August to 4.5% in September, although job vacancies remain high [4] - There are uncertainties regarding the sustainability of private demand recovery and its potential impact on labor demand and inflation [4] Global Economic Context - Global economic uncertainties remain high, but short-term growth forecasts have been revised upwards by many institutions [5] - Trade policies and geopolitical risks continue to pose threats to global economic stability, potentially suppressing demand growth [5] Monetary Policy Outlook - The RBA emphasizes the importance of maintaining price stability and full employment, considering the current inflation pressures and labor market conditions [6] - The committee will closely monitor data and evolving risks to guide future decisions, focusing on global economic developments and domestic demand trends [7]