Gelonghui September 27th | Capital economist Su Liya said that although the Reserve Bank of Australia kept the official cash rate unchanged at 4.35% at this week's policy meeting, it did soften its hawkish stance to some extent. Governor of the Reserve Bank of Australia, Blok, revealed that the committee did not have a "clear" discussion on rate hikes as in previous meetings. Su Liya said that due to the latest CPI data showing a significant slowdown in potential inflation in the third quarter, the bank has brought forward its forecast of the Reserve Bank of Australia's first rate cut from May next year to February. However, he added that considering the tight labor market, this timeline seems a bit too optimistic.