CoinWorld News: After three interest rate hikes, the Reserve Bank of Australia (RBA) indicated a tendency to "wait and see." Analyst Justin Low pointed out that the key message in the RBA's statement is that monetary policy is well prepared to respond to changing circumstances, and the committee's focus is on achieving price stability and full employment. They prefer to hold steady first and wait for the further impact of Middle Eastern tensions on inflation prospects. Additionally, the RBA slightly adjusted its wording, stating that inflation risks are "still tilted to the upside." Although the change is minor, it suggests they are more inclined to keep interest rates unchanged in June. The RBA's baseline forecast is that "conflicts will be resolved quickly, and fuel prices will fall accordingly," but they also acknowledge that the peak of potential inflation could be higher than previously predicted.

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