Coin World News: ME News reports that on March 25 (UTC+8), Moody’s analyst Sunny Nguyen said that the Reserve Bank of Australia may have “little reason” to ease its hawkish monetary policy stance. She noted that Australia’s non-tradables inflation rate is still hovering around 5%, rents are rising slightly, and the oil shock caused by the Middle East conflict has not yet affected the March inflation data. In addition, she said that the Australian Bureau of Statistics had explicitly indicated that fuel prices had already fallen “before the Middle East conflict.” “This wording is deliberate,” Nguyen said, “the situation in March will be completely different.” She said Australia’s overall inflation rate could surge to around 4.5%.

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