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Jin10 data, July 22 - The Reserve Bank of Australia believes that a third rate cut in four meetings does not align with its cautious and gradual easing strategy, which is also the reason it kept the interest rate stable this month, shocking the market. The minutes of the RBA meeting from July 7 to 8 show that most of the nine members believe that the 3.85% interest rate remains moderately restrictive, but it is difficult to know how much further rates can be cut before reaching the neutral rate. The minutes state: "Therefore, the members believe that as the degree of policy restriction needed decreases, a cautious rate cut may be a wise move."