[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  PiQ [@PiQSuite](/creator/twitter/PiQSuite) on x 123.7K followers Created: 2025-07-22 01:33:10 UTC RESERVE BANK OF AUSTRALIA MINUTES: BOARD AGREED FURTHER RATE CUTS WARRANTED OVER TIME, FOCUS WAS ON TIMING AND EXTENT OF EASING BOARD CONSIDERED WHETHER TO LEAVE RATES AT XXXX% OR TO CUT BY 25BPS MAJORITY AGREED PRUDENT TO AWAIT CONFIRMATION ON INFLATION SLOWDOWN BEFORE EASING MAJORITY FELT CUTTING RATES THREE TIMES IN FOUR MEETINGS WOULD NOT BE "CAUTIOUS AND GRADUAL" CASE FOR NO CHANGE CITED SOME DATA, INCLUDING ON INFLATION, HAD BEEN LITTLE FIRMER THAN EXPECTED JOB MARKET HAD ALSO NOT LOOSENED AS EXPECTED, LESS RISK OF SEVERE GLOBAL DOWNTURN MEMBERS AGREED MONETARY POLICY WAS MODESTLY RESTRICTIVE, THOUGH FINANCIAL CONDITIONS HAD EASED DIFFICULT TO KNOW HOW FAR RATES CAN FALL BFORE POLICY NO LONGER RESTRICTIVE, SO PRUDENCE NEEDED MINORITY FOR RATE CUT PUT MORE WEIGHT ON DOWNSIDE RISKS TO ECONOMIC OUTLOOK, INFLATION CASE FOR CUT CITED EVIDENCE INFLATION WAS ON TRACK TO MID-POINT OF TARGET BAND, IF NOT LOWER U.S. TARIFFS WOULD BE DRAG ON WORLD GROWTH AND THUS AUSTRALIA, WHERE GDP ALREADY SUBDUED UNSURE WHETHER MARKET SECTOR EMPLOYMENT WOULD PICK UP AS NON-MARKET SECTOR SLOWED OUTLOOK FOR GLOBAL ECONOMY HIGHLY UNCERTAIN, U,S, TRADE POLICY UNPREDICTABLE XXXXX engagements  **Related Topics** [inflation](/topic/inflation) [australia](/topic/australia) [bank of](/topic/bank-of) [Post Link](https://x.com/PiQSuite/status/1947469939608011090)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
PiQ @PiQSuite on x 123.7K followers
Created: 2025-07-22 01:33:10 UTC
RESERVE BANK OF AUSTRALIA MINUTES:
BOARD AGREED FURTHER RATE CUTS WARRANTED OVER TIME, FOCUS WAS ON TIMING AND EXTENT OF EASING
BOARD CONSIDERED WHETHER TO LEAVE RATES AT XXXX% OR TO CUT BY 25BPS
MAJORITY AGREED PRUDENT TO AWAIT CONFIRMATION ON INFLATION SLOWDOWN BEFORE EASING
MAJORITY FELT CUTTING RATES THREE TIMES IN FOUR MEETINGS WOULD NOT BE "CAUTIOUS AND GRADUAL"
CASE FOR NO CHANGE CITED SOME DATA, INCLUDING ON INFLATION, HAD BEEN LITTLE FIRMER THAN EXPECTED
JOB MARKET HAD ALSO NOT LOOSENED AS EXPECTED, LESS RISK OF SEVERE GLOBAL DOWNTURN
MEMBERS AGREED MONETARY POLICY WAS MODESTLY RESTRICTIVE, THOUGH FINANCIAL CONDITIONS HAD EASED
DIFFICULT TO KNOW HOW FAR RATES CAN FALL BFORE POLICY NO LONGER RESTRICTIVE, SO PRUDENCE NEEDED
MINORITY FOR RATE CUT PUT MORE WEIGHT ON DOWNSIDE RISKS TO ECONOMIC OUTLOOK, INFLATION
CASE FOR CUT CITED EVIDENCE INFLATION WAS ON TRACK TO MID-POINT OF TARGET BAND, IF NOT LOWER
U.S. TARIFFS WOULD BE DRAG ON WORLD GROWTH AND THUS AUSTRALIA, WHERE GDP ALREADY SUBDUED
UNSURE WHETHER MARKET SECTOR EMPLOYMENT WOULD PICK UP AS NON-MARKET SECTOR SLOWED
OUTLOOK FOR GLOBAL ECONOMY HIGHLY UNCERTAIN, U,S, TRADE POLICY UNPREDICTABLE
XXXXX engagements
