RBA reduces interest rates to more than 2 years of lows

On Tuesday, the Central Bank of Australia lowered its political level by 25 basic points, as low inflation allows the countryside to weaken its monetary policy and increase the slowdown economy.

The landmark coefficient in the country is now 3.6%, their lowest since April 2023 and in accordance with the expectations of the economists surveyed by Reuters.

Australia’s Reserve Bank said inflation fell “significantly” from the peak in 2022, and more steady interest rates bring the total demand and the potential supply “closer to equilibrium”.

Entered inflation in Australia by 2.1% in the second quarterR, its lowest since March 2021 and at the end of the range of 2% -3% RBA.

On Tuesday, the rate of rates comes against the backdrop of a sharply rebuilt trading environment when the US tariffs came into force, as well as less than the expected growth in the first quarter.

US President Donald Trump was affected by the basic level 10% tariff with the country’s trade minister with the Minister of Commerce Reported to come It is like a “excuse” for the government’s negotiations, adding that the country has conducted diplomacy with the US “cool and calm” way.

The country’s economy increased by 1.3% a year in the first quarter, below 1.5% of Reuters. A quarter of a quarter of the economy increased by 0.2%, emphasizing growth expectations by 0.4%.

Catherine Kinan, head of the ABS of National Accounts, attributed a soft growth to reduce public expenses and weaken consumer demand and exports.

Australian Commonwealth Bank analysts said on August 7, noting that they expected a decrease in the “blocked” for August, saying that the data had developed as expected Unexpected RBA content in July.

CBA analysts also predict an additional incision in November, as well as seeing the possibility of another in the “beginning of 2026”.

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