# 6 February 2018 | Minutes of the Monetary Policy Meeting of the Board | RBA

> The Reserve Bank of Australia's board minutes described strong global growth in 2017, with synchronised expansion expected to continue in 2018 and rising demand for traded goods, especially from commodity exporters. The board judged that inflation pressures would build as spare capacity was absorbed.

- Date: 2018-02-06 · published 2018-02-06T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/12004-6-february-2018-minutes-of-the-monetary-policy-meeting-of-the-board-rba
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Solid global demand supports commodity export volumes and prices, which is positive for Australian grain and feed exports. Rising inflation expectations could eventually lead to tighter policy and a firmer Australian dollar.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- rba.gov.au: https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-02-06.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.