Australian borrowers have been told to downplay their expectations of a swift series of rate cuts - despite concerns about a destabilised world economy after Donald Trump's tariffs.
The Reserve Bank last month cut interest rates by 25 basis points, taking them down to 3.85 per cent for the first time since June 2023.
,但5月20日会议的时间表明,尽管考虑了更大的50个基点削减,但现在认为这是不明智的,因为尚未感受到美国关税的影响。
'他们同意在国内经济中的发展目标,并在其上构成了一项行动,并在自己的案件中构成了现金率,并在现金率上造成了现金率,而这是现金的削减,而这一措施是造成的,并在现金中造成了现金的削减。政策,'它说。
'但是,成员并未说服这些成员足以保证在这次会议上减少50个基点。
皇家骑警的最新会议记录于周二发布,就在特朗普将澳大利亚钢的关税从25%增加到50%之后的几天。
指出,较早的美国关税,包括大多数澳大利亚出口的10%,尚未影响国内经济。
澳大利亚借款人被告知,尽管人们对降低了对多纳尔德(Donald trumps)的关注,但仍在降低了他们对大型降低的期望 - 视频对照< /p claste clasts =视频= < /p> vjs-default-skin“ poster =” https://i.dailymail.co.uk/1s/2025/05/05/21/02/98592587-0-0-image-mimage-m-64_1747792003469.jpg“ data-opts =“ {” linkbaseurl“:” https://www.dailymail.co.uk/news/article-14774389/bad-news-aussie-broward ers-reserve-bank-signals-band-html-s-lash-rates.html#v-313434343437109123191“,” ismobile“:false”,“ origin” al“:false,“持续时间”:123000,“ src”:“ https://videos.dailymail.co.uk/video/mol/mol/2025/05/05/21/313434343537109 123191/1024X576_MP4_3134343537109123191.MP4“,”源”:“政府”,“ playerId”:“ default”:“ default”,“ title”:“ rba”酋长确认降低速度考虑到“,“ preload”:“无”,“ initialVideo”:true,thumbnail“:” https://i.dailymail.co。 UK/1S/2025/05/21/02/98592587-0-Image-M-63_1747792003469.jpg“,”海报“:” https://i.daily mail.co.uk/1s/2025/05/21/02/98592587-0-image-m-64_1747792003469.jpg",syndicationserv ice“:null,“ shorturl”:“ https://mol.im/a/14774389#v-313434343434343437109123191”,“插件”:{“ soc ial-share”:{“ embedurl”:“ https://www.dailymail.co.uk/embed/embed/video/3440383.html”},“自动” lay-next-video”:{“ videos”:“ https://www.dailymail.co.uk/api/player/3440383/relelated-vide OS.JSON“,“ Countdown_time”:10},“ ADS-SETUP”:{“ videoadserverurl”:“ https://pubads.g.double单击dfp_req = 1&env = VP&output = xml_vast3&unviewed_position_start = 1&url = [referrer_url]&correlator = [timestamp]”,“ adsEnabled”,“ adsEnabled”:true,true,“ adscanceltime” ight“:358}},“ sources”:{“ url”:“ https://www.dailymail.co.uk/api/api/player/31343434343537109123191/video-sources.json} :{{“ active”:false,“ muted”:true,“ switchback”:false}},“ tracking”:{“ channelshortname”:“ news”,“ news”,“赞助”:null,“参考”,“ 3440383”:3440383,“ trackingtype” :{“ videos”:“ https://www.dailymail.co.uk/api/player/3440383/3440383/relelated-videos.json”,“ videochannel”:“ news”:“ news”,“ showupnextpanel”:false}}}}}}}}},“酋长确认考虑了更大的削减税率。澳大利亚储备银行州长米歇尔·布洛克(Michele Bullock)在悉尼举行的星期二媒体会议。; src =“ https://videos.dailymail.co.uk/video/mol/mol/2025/205/21/31343434343437109123191/1024x576_mp4 class="mol-para-with-font">'Members noted the absence of signs in the Australian data to date that global trade policy uncertainty was having a significant negative impact on the economy, and that some plausible adverse scenarios could see upward pressure on inflation,' the Reserve Bank said.
The Trump tariffs would make American goods more expensive if components have to be进口。
,但对中国的惩罚性关税也可能会看到更便宜的商品,而这些商品本来可以去美国以便宜的价格倾倒在澳大利亚市场上,这可能会降低国内商品通货膨胀。
期货市场现在只期望在7月的下一次会议上降低25个基点率,这将在6月季度通货膨胀数据发布之前发生。
大多数经济学家预计下一步将在8月份与另一个季度相处,但要与另一个季度相处。
金融市场预测,到2025年底,这是2023年2月以来的第一次。
这将使现有3.85%的现金利率降低三个费率。
,但即使有三项削减,澳洲储备现金利率仍然高于被视为中立的2.8%,在这里,储备银行的货币政策既不寻求扩大,也没有放缓经济。
The Reserve Bank last month cut interest rates by 25 basis points but the minutes of that May 20会议显示,尽管考虑了更大的50个基点削减(图为州长Michele Bullock)