#数字货币市场洞察 The Reserve Bank of Australia’s December 9 meeting set the tone with no changes—the cash rate remains locked at 3.6%. This outcome actually defied the expectations of many. Mid-year, there were plenty of market voices hoping for further rate cuts, but in the second half of the year, predictions of a rebound in inflation emerged out of nowhere, dashing those hopes for rate cuts. Since February this year, the Reserve Bank of Australia has cut rates by a total of 75 basis points, and it’s now basically at the end of its easing cycle. Some analysis firms are even considering whether, if inflation isn’t brought under control after the Lunar New Year next year, a reversal—possibly a rate hike—might be necessary. This shift in interest rate expectations has, in fact, indirectly poured some cold water on the red-hot real estate market, which may help ease the crazy surge in prices.