Moody's: The Reserve Bank of Australia is expected to maintain a wait-and-see approach, with the earliest possible interest rate cut not expected until mid-2026.

Jin10 data, November 4th: Moody's Analytics stated that given the increasing concerns of the Reserve Bank of Australia regarding inflation risks, the possibility of interest rate cuts in December and February next year has been ruled out, with rate cuts not expected until at least mid-2026, and this still depends on the economic situation. Sunny Kim Nguyen, the head of Australian economics at the agency, pointed out: “Before the Reserve Bank of Australia takes action again, it must see a convincing decline in inflation that is real, not just a predicted decline.” Analysts have stated that considering the political and communication costs associated with a policy reversal, it is almost impossible for the Reserve Bank of Australia to raise interest rates again. She believes that the Reserve Bank of Australia will maintain a wait-and-see stance, hoping that “private demand will cool off on its own, and productivity will also improve.”