Analyst: It is expected that the Reserve Bank of Australia will stand pat and not initiate a rate cut cycle this year

The analyst team suggests that the Reserve Bank of Australia may continue to resist the trend of dovish policy shifts adopted by major central banks, choosing to maintain this policy at its seventh consecutive meeting on Tuesday. Analysts from TD Securities stated when previewing the RBA's policy decision: "The communication and data from the RBA since the August meeting have not provided a convincing reason to change their stance at this week's meeting, ruling out the possibility of a rate cut this year."