From www.accountingtimes.com.au: The Reserve Bank of Australia’s monetary policy decisions face significant ambiguity due to unpredictable global trade policies and a surprisingly strong domestic labour market.

Global trade uncertainty is at a 50-year high and could lead to variable impacts on the Australian economy, particularly in relation to commodity exports to China.

Despite optimistic projections for inflation stabilisation, the RBA acknowledges the necessity of cautious decision-making.