【环球财经】澳大利亚央行11月维持基准利率不变

Core Viewpoint - The Reserve Bank of Australia (RBA) has decided to maintain the benchmark interest rate at 3.6%, following three rate cuts earlier this year, amidst fluctuating inflation rates and economic uncertainties [1][4]. Economic Indicators - The RBA has cut the benchmark interest rate three times in 2023, from a peak of 4.1% in February to the current 3.6% [1]. - The underlying inflation rate rose to 3% in Q3, up from 2.7% in Q2, while the overall inflation rate reached 3.2% due to the cessation of electricity subsidies [1][2]. - The unemployment rate increased from 4.3% in August to 4.5% in September, indicating a slight slowdown in employment growth [2]. Market Conditions - Private demand in Australia is recovering, contributing to a strengthening real estate market and rising housing prices [2]. - Despite a tight labor market, there are still high levels of job vacancies, indicating ongoing recruitment challenges for businesses [2]. Future Outlook - The RBA anticipates that the underlying inflation rate may exceed 3% in the coming quarters before stabilizing at 2.6% by 2027 [1]. - Economic activity and inflation outlooks face uncertainties due to both domestic and international factors, including potential changes in private demand and global economic conditions [3][4]. - The RBA remains cautious, noting that the full effects of previous rate cuts have yet to materialize, and will continue to monitor economic uncertainties closely [4].