According to Jinshi, Judo Bank economic adviser Warren Hogan said that whenever Australia's core inflation rate increases by 1% in a quarter, the Reserve Bank of Australia will consider raising interest rates. Although a 1% increase in core inflation in the first quarter is unlikely to immediately trigger the Reserve Bank of Australia to tighten policy, it may force it to raise inflation expectations. The chairman of the Reserve Bank of Australia has made it clear that it will not tolerate unexpected upward inflation, so the possibility of a rate hike this week cannot be ruled out. As Australia's interest rate is lower than that of similar economies, the upward trend in overseas interest rates may increase the possibility of Australia's interest rate rising to 5% this year.