Institution: The Reserve Bank of Australia may further cut interest rates.

Jin10 data reported on August 12, economist David Bassanese from Betashares stated that the Reserve Bank of Australia may further lower interest rates. The inflation rate is close to the midpoint of the 2%-3% target range, and the official interest rate remains at a restrictive level within the neutral range. In fact, the Reserve Bank of Australia's prediction of manageable potential inflation is based on expectations of further interest rate cuts.