According to Krishna Bhimavarapu, Asia-Pacific economist at Dufu Global Investment Management Company, recent data released by Australia shows that the year-on-year growth rate of inflation in the second quarter of this year may accelerate again. However, the reason for the earlier interest rate cut is also increasing. The employment market is rapidly cooling, and the inflation rate may fall to the Reserve Bank of Australia's target of 2%-3% this year, which will be much earlier than the central bank's current prediction of the end of 2025. Therefore, raising interest rates now would be a policy mistake, because the economy is at a critical point, and the unemployment rate could rise to a level that the central bank cannot bear. In the case of weak GDP growth, the Reserve Bank of Australia should proceed with caution.