澳洲联储持续聚焦通胀信号，如有必要将进一步收紧政策

关键论点

• 澳储行以一致表决加息25个基点至4.60%，声明鹰派，显示对通胀上行风险容忍度较低。
• 行长布洛克表示劳动力市场仍过于紧张，与通胀目标不符，需求持续超过供应能力。
• 澳储行反驳滞胀说法，指出约3.5%的通胀和4.6%的失业率不构成滞胀环境。
• ING预计2026年第四季度还有一次25个基点加息，但若油价大幅下跌，央行可能维持利率不变。

对应原文证据

1. The decision was unanimously supported by the Board and reinforced the RBA's commitment to returning inflation sustainably to target.
2. The accompanying statement retained a distinctly hawkish tone, noting that "the Board will continue to do what it considers necessary to bring inflation sustainably back to target," and signalling little tolerance for upside inflation risks.
3. She argued that labour market conditions remain too tight to be fully consistent with the inflation target, while demand pressures continue to exceed the economy's supply capacity.