Reserve Bank of Australia Lifts Rates by 0.25% to 3.6%
Reserve Bank of Australia Lifts Rates by 0.25% to 3.6%
The monthly CPI indicator suggests that inflation has peaked in Australia. Goods price inflation is expected to moderate over the months ahead due to both global developments and softer demand in Australia. Services price inflation remains high, with strong demand for some services over the summer. Rents are increasing at the fastest rate in some years, with vacancy rates low in many parts of the country. The central forecast is for inflation to decline this year and next, to be around 3 per cent in mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case.The Reserve Bank has delivered its 10th consecutive interest rate increase, lifting the cash rate by 0.25 of a percentage point to a decade-high 3.6 per cent.
儲備銀行已連續第 10 次提高利率，將現金利率提高 0.25 個百分點至十年高位 3.6%。
The move was in line with economist and market expectations.
此舉符合經濟學家和市場預期。
Heading into the meeting, markets were pricing a peak cash rate of 4.15 per cent by October.
進入會議前，市場在 10 月前定價 4.15% 的高峰現金利率。
The monthly CPI indicator suggests that inflation has peaked in Australia. Goods price inflation is expected to moderate over the months ahead due to both global developments and softer demand in Australia. Services price inflation remains high, with strong demand for some services over the summer. Rents are increasing at the fastest rate in some years, with vacancy rates low in many parts of the country. The central forecast is for inflation to decline this year and next, to be around 3 per cent in mid-2025. Medium-term inflation expectations remain well anchored, and it is important that this remains the case.
每月 CPI 指標表明，澳大利亞的通貨膨脹率已達到頂峰。由於全球發展和澳大利亞需求疲軟，預計未來幾個月的商品價格通脹將放緩。服務價格通脹仍然很高，在夏季對某些服務的需求強勁。租金在幾年來以最快的速度增加，該國許多地方的空置率都很低。中央預測是今年及明年的通脹將下降，在 2025 年中期將下降 3% 左右。中期通脹預期仍然穩固，重要的是情況仍然如此。
