According to CoinMeta, although the inflation data in July exceeded expectations and market expectations for the Australian Central Bank (RBA) to raise interest rates in November have increased, the bank expects interest rates to remain unchanged for the rest of this year. In July, monthly inflation rose by 1.0%, and the core inflation rate rose by 0.5%, both exceeding expectations. The bank emphasizes that a softer labor market and weak wage growth will reduce the likelihood of the central bank raising interest rates in November. Stable housing cost inflation is also one of the reasons for its cautious attitude.