ANZ: The Reserve Bank of Australia may consider two options: keeping interest rates unchanged or raising them
ChainCatcher news, as the global market feels the joy of the Federal Reserve's 50 basis point rate cut, Reserve Bank of Australia Governor Philip Lowe faces the situation of having to promote a hawkish narrative next week. Australia's strong labor market and high core inflation mean that she will have to remain cautious like other central banks.ANZ Chief Economist Adam Boyton stated that the RBA may consider both options of keeping rates unchanged or raising them, while retaining much of the hawkish language from the August meeting and subsequent communications. Boyton noted that the RBA is on track to cut rates in February next year, but the risks have shifted towards a possible cut later on. (Jin Shi)