The Reserve Bank of Australia will announce the last interest rate decision of the year on Tuesday, and the market does not expect it to adjust interest rates. Nevertheless, it will still be one of the most interesting conferences of the year. A large amount of data held by the Reserve Bank of Australia shows strong demand, rising inflation risks, and the economy is approaching the limit of production capacity. It is very likely that it will release a hawkish signal. Economists at some large banks have begun to calculate the data. They expect that monetary policy may be tightened in February next year after the RBA obtains inflation data for the fourth quarter.

The Reserve Bank of Australia will announce the last interest rate decision of the year on Tuesday, and the market does not expect it to adjust interest rates. Nevertheless, it will still be one of the most interesting conferences of the year. A large amount of data held by the Reserve Bank of Australia shows strong demand, rising inflation risks, and the economy is approaching the limit of production capacity. It is very likely that it will release a hawkish signal. Economists at some large banks have begun to calculate the data. They expect that monetary policy may be tightened in February next year after the RBA obtains inflation data for the fourth quarter.