RBA keeps interest rates at 4.1%

On Tuesday, the Australian Reserve Bank, although he had previously taken the injuries at 4.1%, although inflation is reduced rapidly than expected.

In February, the country’s inflation came a softer way than expected.

Rba said In his statement On Tuesday, it was necessary to make sure that the progress would continue, so inflation is constantly returning to the middle point of the target group. “

The Central Bank said that this was “cautious about his worldview if the latest US tariff ads affected the global scale or expanded tariffs or revenge other countries.

CNBC’s “Street Asian signs“Paul Bloxham, HSBC’s Australian and New Zealand Chief Economist, said in a statement that the Central Bank is aiming at global risks.

“When you look at things like what they say …

RBA also described the geopolitical uncertainty as “pronounce”, and if it delays the costs of the costs to look more clarity of households and companies, he said, he said that the costs can be negatively affected.

In the fourth quarter of 2024, Australia’s GDP increased by 1.3% and the fastest growth in a year by defeating expectations in a year.

Inflation has been in the target range since August 2024, and the RBA asked to reduce ratios in February.

Bloxham said that this is the “reasonable place” of the economy with inflation that is “a reasonable place” and returning to the target.

RBA Governor Michel Bullock After the previous meeting he said “We are still unable to announce the victory of inflation. It is not enough for inflation to return to the target range temporarily. The plaque returns to the target range.”

When the February cut was “one and finished” decision, Bullock said that there are three more cuts on the cutting of the market in the market, but “our feelings are so confident.”

The Australian government is currently in a mediator mode with Prime Minister Anthony Albanese on Friday calling the national election On May 3.