[Market lowers bets on RBA rate cut in November] On August 29, according to Jinshi, although RBA Chairman Bullock hinted that there would be no rate cut in the near future, the money market has been betting that the RBA would cut interest rates. However, data released this week showed that Australia's inflation rate in July was slightly higher than economists expected, and the rate cut bets began to fade. The market has now reduced the probability of the RBA cutting interest rates in November from 56% before the data was released to 42%. However, the market still expects the RBA to have an 88% chance of cutting interest rates in December, because according to current market pricing, the Federal Reserve may have cut interest rates twice by then.