Capital Economics: The Australian central bank is still expected to cut interest rates next year.

Kathmandu macroeconomist Abhijit Surya said that due to uncertainty about the level of idle capacity in the country's economy, the Reserve Bank of Australia continues to be vague about interest rate prospects. However, with signs of easing wage pressures and reports of slowing output price growth from businesses, Surya still expects inflation to fall in the coming months. Therefore, he insists that the RBA's rate cuts are not yet over and will resume its easing cycle later next year.