澳大利亚储备银行12月政策会议纪要显示，澳大利亚的通胀风险有所缓解，但不确定性依然存在，特别是在全球经济状况和持续的服务业通胀方面。它补充说，在成员国确信通货膨胀正在可持续地恢复到2-3%的目标之前，货币政策需要保持足够的限制性。潜在通胀率仍高达3-1/2%左右，远高于目标的2-1/2%中点。董事会强调了未来利率决策的数据驱动方法，重申将通胀恢复到目标水平是首要任务。在国内方面，2024年第三季度经济产出增长疲软。虽然最近的数据显示10月和11月的消费有所回升，但现在确定这是反映了持续复苏还是临时的节前支出还为时过早。他们强调，消费支出的趋势将对GDP增长和劳动力市场的发展至关重要。

Inflation risks in Australia have eased, but uncertainties persist, particularly regarding global economic conditions and persistent services inflation, minutes from the Reserve Bank's December policy meeting showed. It added that monetary policy would need to remain sufficiently restrictive until members are confident that inflation is sustainably returning to the 2–3% target. Underlying inflation remains elevated at around 3-1/2%, well above the 2-1/2% midpoint of the goal. The board stressed a data-driven approach to future rate decisions, reaffirming that returning inflation to target is the top priority. On the domestic front, economic output growth was weak in Q3 2024. While recent data indicated a pick-up in consumption in October and November, it is too early to determine whether this reflects a sustained recovery or temporary pre-holiday spending. They emphasized that trends in consumer spending will be pivotal for GDP growth and labor market developments moving forward.