Core Viewpoint - The Reserve Bank of Australia (RBA) believes it is not yet time to shift to an expansionary policy stance, indicating a cautious approach to monetary easing [1] Group 1 - The RBA is inclined to take actions that are cautious and predictable regarding monetary policy [1] - The current policy is positioned favorably, allowing for decisive responses when necessary [1] - Lowering the cash rate is seen as an appropriate response to global risks [1] - The rationale for a 25 basis point rate cut is considered stronger than that for a 50 basis point cut [1]