Analysts: The Reserve Bank of Australia is expected to remain on hold and will not start a rate cut cycle this year
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Odaily Odaily Financial website Fxstreet analyst team said that the Reserve Bank of Australia may continue to resist the trend of dovish policy shifts adopted by major central banks, choosing to maintain the policy for the seventh consecutive meeting on Tuesday. Analysts at TD Securities said in anticipation of the Reserve Bank of Australia's policy decision: "The communication and data from the Reserve Bank of Australia since the August meeting have not provided a convincing reason to change its position at this week's meeting, ruling out the possibility of a rate cut this year." (Jinshi)
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